4600 DUKE Street, Alexandria, VA 22304
Commercial Sale - ALEXANDRIA, VA
Property Features for 4600 DUKE Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Located in the established Seminary Hill neighborhood at 4600 Duke Street in Alexandria, the building includes five elevators, a secure lobby with 24/7 concierge service, a dedicated storage unit, and permit parking. The association fee covers primary utilities including electricity, heating, cooling, gas, water, sewer, and trash disposal. Day-to-day convenience is supported by an ALDI grocery store right outside the building and the Foxchase Shopping Center directly across the street, featuring a 24-hour Harris Teeter, CVS Pharmacy, and multiple dining options. Outdoor access includes direct connectivity to the Holmes Run Trail and the Ben Brenman Park lakeside walking paths immediately behind the complex.
For commuting and client access, bus service stops at the property, and Van Dorn Street and Eisenhower Ave Metro Station are listed as less than 3 miles away. Interstate 395 is accessible via Exit 3A, and Reagan National Airport is listed as under 10 miles.
Key Highlights
- 1,140 finished SF condo unit with 2 bedrooms and 1 full bathroom in the Forty Six Hundred condominium community
- RC (Residential‑Commercial Mixed‑Use) zoning allowing residential occupancy, commercial business operations, or live/work use
- 9‑foot ceilings and original hardwood floors with large windows for natural light and city views
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.2k | $30.00 |
| − Vacancy | −$2.4k | −$2.10 |
| EGI | $31.8k | $27.90 |
| − OpEx | −$11.9k | −$10.46 |
| NOI | $19.9k | $17.44 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 22304, VA
Market
Vacancy Rate% for Office in South region