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6400 Grovedale Dr
Franconia, VA 22310 Franconia

$5,500,000 USD

Medical For Sale  •  18,491 SF

Property Details

  • Property Type Medical
  • Total Building Size 18,491 SF
  • Lot Size 1.6 AC
  • Building Class B
  • Year Built 2001
  • Cap Rate 7.38 %
  • Tenancy Multiple
  • Zoning C-2
33 Transit Score
43 Walk Score

Highlights

Stable Income Asset: Located in a dense Alexandria submarket with long-term demand for service-based uses, supporting consistent performance.
Established Tenant Base: Anchored by The New Story School and Crescent Counseling, both providing essential educational and behavioral-health services
Strong Lease Durability: Renewal options and long-term tenancy contribute to predictable cash flow and overall stability.
Flexible C-2 Zoning: Broad commercial and institutional uses allowed, keeping the property attractive to a wide range of operators.
High-Density, Accessible Location: Proximity to major transportation corridors enhances tenant desirability and long-term viability.
Low-Volatility Investment: 100% occupancy and a 7.38% cap rate create a reliable, resilient investment profile in Northern Virginia.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $363,985 USD (2024)
Cap Rate: 7.38 %
Total Expenses: $132,111 USD

Major Tenants

Tenant SF Occupied Lease End Date
Center for Autism & Related Disorders 10/1/2029
Dignity-care Home Health Services

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Property Manager on Site
  • Signage
  • Kitchen
  • Direct Elevator Exposure
  • Natural Light
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Franconia-Springfield (Fredericksburg Line - Virginia Railway Express) 6 min - 2.1 mi
Backlick Road (Manassas Line - Virginia Railway Express) 9 min - 3.5 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 21 min - 10.1 mi
Washington Dulles International 46 min - 28.7 mi
Baltimore/Washington International Thurgood Marshall 70 min - 43.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Joe Serafin 703-994-7510 Serafin Real Estate
Joe Serafin 703-994-7510 Serafin Real Estate