2059 Chain Bridge RdVienna, VA 22182

  • Retail properties
  • 13,500 SF
For Lease

Property Details for 2059 Chain Bridge Rd

Year built
1972
Construction
STEEL FRAME
Lot size
0.46 AC
Property size (Sq ft)
13,500 SF
Zone code
C-8(HIGHWAY COMMERCIAL)
Property type
Retail properties
Property subtype
Other retail properties
APN
039-1-06-0013
APU
391060013

Description

This exceptional freestanding building, located at 2059 Chain Bridge Road in the prime Tysons, VA shopping district, presents a unique flex space opportunity for lease or sale. The property boasts a total of 12,100 square feet, currently configured as 5,140 square feet of retail space and 6,960 square feet of office space. A significant advantage is the inclusion of 24 dedicated parking spaces, a rare commodity in this high-demand area. The building sits on a substantial 20,214 square-foot parcel and offers two loading docks for convenient access and logistics. Currently occupied by a tenant (please do not disturb), this property provides immediate income potential or a blank canvas for a future owner-occupier. Its high visibility along Chain Bridge Road ensures excellent exposure to a large volume of daily traffic. The strategic location provides easy access to major thoroughfares, including Route 7 (64,256 vehicles per day), I-495 (172,000 vehicles per day), and the Dulles Toll Road (78,836 vehicles per day), guaranteeing strong regional accessibility. One 11,462 square foot space is currently available. This is a rare opportunity to acquire a versatile property in a thriving commercial hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,700,374
    6.5%
    $5,261,884
    7%
    $4,886,035
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,445,306
    Geo Method
    $3,272,384
  • Alternative Use

    Use
    Valuation
    Residential
    $4,438,596
    Hospitality
    $4,065,730
    Educational
    $3,382,640
    Medical
    $3,498,974
    Retail
    $5,261,884
2059 Chain Bridge Rd, Vienna, Virginia

Location Insight

City
Vienna
County
Fairfax
State
Virginia
Latitude
38.9164
Longitude
-77.2353
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$67,932
$1,609,600
$3,162,580
$4,772,180
-
$1,609,600
$3,162,580
$4,772,180

FAQs

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