14641 Lee Unit #104, Centreville, VA 20121

$319,900
List Price
$319,900
Days on Market
12
Status
ACTIVE
MLS#
VAFX2172222
Year Built
2006
County
Fairfax
School District
Fairfax County Public Schools

Property Description

Introducing a prime investment opportunity in the heart of Centreville, VA – 14641 Lee Highway, Unit 104. This meticulously maintained commercial retail/office condo, nestled within the esteemed CentreLee Business Park. Boasting a strategic location and impeccable tenant occupancy, this fully leased property offers stability and immediate return on investment. Currently in a 5 year lease through August 2025, with a reliable tenant in place, investors can secure steady cash flow from day one. The properties Net Operating Income (NOI) of $20,065 with a 3% annual rent escalation in October of 2024. With a competitive Capitalization Rate (Cap Rate) of 6.27%, this offering presents an enticing proposition for investors seeking attractive returns in today's market. Priced at $319,900, this investment opportunity promises both affordable investment entry point and growth potential. Featuring 1,250 square feet of open and meticulously designed space, the unit is fully built out. Currently a fashion Boutique and previously a pilates studio, the flexible I-5 zoning allows for many uses. Boasting bamboo wood and tile floors, abundant natural light, and a private interior bathroom, the space exudes both functionality and style. Its versatile layout accommodates a myriad of businesses, from offices to retail outlets, fitness facilities, schools, and beyond. Convenience is key, with a private entrance and ample parking ensuring ease of access for both tenants and customers alike. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a solid entry point into the commercial real estate market, this opportunity ticks all the boxes. Don't miss your chance to secure a stake in Centreville's thriving business landscape. Contact our dedicated listing agent today to schedule a showing and seize this exceptional investment opportunity.

Additional Information

Subdivision
Centrelee Business Park
Taxes
$3291
School District
Fairfax County Public Schools
Elementary School
Bull Run
Middle School
Stone
High School
Westfield
Flooring
Bamboo, Hardwood, Ceramic Tile
View
Trees/Woods, Street
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Utilities
Electric Available, Cable TV Available, Sewer Available, Phone Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Chantilly Ventures, LLC. Contact: 5712350129