6499 Little River TpkeAlexandria, VA 22312

Property Details for 6499 Little River Tpke

Year built

1941

Construction

FRAME

Lot size

0.26 AC

Property size (Sq ft)

1,803 SF

Zone code

C-5(NEIGHBORHOOD RETAIL)

Property type

Turn key restaurants

APN

072-1-10-0011

APU

721100011

Description

This exceptional 2,801 square foot retail building, situated on a prominent corner lot at 6499 Little River Turnpike in the Alexandria/Annandale submarket of Fairfax County, presents a unique leasing opportunity. Currently undergoing a complete renovation slated for completion in early 2024, this property boasts a prime location with excellent visibility and accessibility. The building features a dedicated turn lane for westbound traffic on Little River Turnpike (Route 236), ensuring high traffic volume and prominent signage opportunities. The expansive 11,326 square foot lot provides ample space, and the C-5 zoning allows for a variety of uses, including restaurants – a use for which the building is already designed. All utilities are in place, simplifying the tenant's setup process. The entire building is currently vacant, offering a blank canvas for a new tenant to create their ideal space. This is a rare chance to secure a fully renovated, high-visibility retail space in a thriving location. The property's design is already restaurant-ready, minimizing build-out costs and accelerating the opening timeline. Don't miss this opportunity to establish your business in a highly desirable area with exceptional visibility and convenient access.

• CAP approach

  CAP return

  Valuation

  6%

  $684,946

  6.5%

  $632,258

  7%

  $587,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $758,820

  Geo Method

  $758,820

• Alternative Use

  Use

  Valuation

  Residential

  $533,333

  Hospitality

  $488,530

  Educational

  $406,451

  Medical

  $420,430

  Retail

  $632,258

Location Insight

City

Alexandria

County

Fairfax

State

Virginia

Latitude

38.8208

Longitude

-77.1574

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].