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Grovedale Investment Portfolio
Franconia, VA Franconia

$10,890,000 USD

Office For Sale  •  36,341 SF

2 Properties View all

Property Details

  • Property Type Office
  • Cap Rate 7.60 %
33 Transit Score
43 Walk Score

Highlights

Total Building Area: ±36,341 SF across two buildings
Combined NOI: $827,313
Total Lot Size: ±2.78 acres
Total Units: 11 tenant suites across both buildings
Tenant Mix: Long-term national and regional tenants in medical, education, and counseling
Strong Demographics: Average HH income exceeds $130,000 within a 1-mile radius

Property Flyers

Financial Summary (Actual)

Net Operating Income: $789,135 USD (2024)
Cap Rate: 7.60 %
Total Expenses: $272,478 USD

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
Joe Serafin 703-994-7510 Serafin Real Estate
Joe Serafin 703-994-7510 Serafin Real Estate