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
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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