$319,900
Active
11 Days Online
0 Beds1 Bath0 SQFT
Active

14641 Lee #104Centreville, VA 20121

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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.

  • Property TypeCommercial
  • NeighborhoodCentrelee Business Park
  • CountyFairfax
  • Taxes$3,291
  • HOA/Condo/Coop Fees$0
  • Days on Site11 Days
  • MLS StatusActive
  • MLS ID NumberVAFX2172222
  • Home Size Source Estimated
  • Year Built2006
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction StoneBrick
  • Parking Paved ParkingPublicParking Lot
  • Sewer Public Sewer
  • Water Public
  • Property Sub Type Retail
  • Attached Garage No
  • Utilities Sewer AvailablePhone Available
  • Zoning 550

Interior Features

  • Cooling Central A/ CElectric
  • Heating Heat Pump(s)Electric
  • Flooring BambooHardwoodCeramic Tile

Exterior Features

  • View Trees/ WoodsStreet
  • Spa No
  • Waterfront Property No

Schools

School District
FAIRFAX COUNTY PUBLIC SCHOOLS
Elementary School
BULL RUN
Middle School
STONE
High School
WESTFIELD

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Monthly Payment (Est.)

$1,682
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