9900 Georgetown PikeGreat Falls, VA 22066

Property Details for 9900 Georgetown Pike

Year built

1969

Construction

CONCRETE BLOCKS

Lot size

0.74 AC

Property size (Sq ft)

6,614 SF

Zone code

C-8(HIGHWAY COMMERCIAL)

Property type

Retail properties

Property subtype

Community centers

APN

013-1-01-0004

APU

131010004

Description

This exceptional 1,145 square foot retail space is available for lease in the highly desirable Great Falls Marketplace, located at 9900 Georgetown Pike, Great Falls, VA 22066. Situated at a main intersection in Great Falls, this property offers unparalleled visibility and accessibility. The space is part of a multi-tenant retail building, providing a vibrant and collaborative environment. A key advantage is its proximity to Great Falls Center, the only grocery-anchored center in Great Falls, ensuring high foot traffic and a strong customer base. The location benefits from being in an extremely affluent community, boasting a three-mile average household income of $331,922, presenting a significant opportunity for businesses targeting high-net-worth individuals. The property is in Fairfax County and conveniently located near Walker Rd. This retail space is ideal for a variety of businesses seeking a prime location within a thriving and prosperous community. The space is ready for immediate occupancy and offers a unique chance to establish a presence in one of Northern Virginia's most sought-after areas. Contact us today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,586,508

  6.5%

  $2,387,546

  7%

  $2,217,007

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,292,451

  Geo Method

  $3,332,456

• Alternative Use

  Use

  Valuation

  Residential

  $2,013,984

  Hospitality

  $1,844,799

  Educational

  $1,534,851

  Medical

  $1,587,637

  Retail

  $2,387,546

Location Insight

City

Great Falls

County

Fairfax

State

Virginia

Latitude

38.9986

Longitude

-77.2892

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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