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51 E Lee St
Warrenton, VA 20186

$1,200,000 USD

Storefront Retail Office For Sale • 6,200 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 6,200 SF
Lot Size 0.11 AC
Building Class C
Year Built 1919
Cap Rate 7.70 %
Tenancy Multiple
Zoning CBD

30 Transit Score

80 Walk Score

                
                    Highlights
                
                                Two separate tenants, both on longer-term leases with fixed 3% annual rent escalations — contractual, built-in NOI growth
                            
                                7.7% cap rate in place, escalating into the 8%+ range within two years on the strength of the scheduled increases
                            
                                Both units separately metered — clean expense separation for a two-tenant hold
                            
                                Condominium structure (single shared wall) — standalone character with reduced common-area obligations
                            
                                High-visibility E. Lee Street location with strong street presence and signage
                            
                                Turnkey, fully-leased asset — passive income from day one

Property Flyers

49-51 E Lee Street - Sale Brochure

Cap Rate:

7.70 %

Public Transportation

Airport	Drive	Walk	Distance
Washington Dulles International	53 min	-	34.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Nick Fallows 540-347-2610 CRES Inc.

51 E Lee St Warrenton, VA 20186