606 N Washington St, Alexandria, VA
Headquarters location in Old Town Alexandria with parking garage.
- Added:
- Apr 30, 2025
- Days on Market:
- 405
- Last Refresh:
- May 19 at 10:56 pm
Property Features for 606 N Washington St
General Information
- Standard status
- Active
- Size
- 26,461 SF
- Lot size
- 0.25 Acres
- Property subtype
- OFFICE
Listing agent Larry FitzGerald
Listing office Newmark | Tysons (703) 448-2000
Listing date Apr 30, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Tysons
HighLights
- Headquarters location in the heart of Old Town Alexandria
- User, investor or sale‑and‑leaseback opportunity
- Can accommodate multi‑tenant use
- Spacious underground parking garage
Overview
Local Financial Insights For Office B
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 | $552.5k | $20.88 |
| − Vacancy | −$80.1k | −$3.03 |
| EGI | $472.4k | $17.85 |
| − OpEx | −$118.1k | −$4.46 |
| NOI | $354.3k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.0459
- Latitude
- 38.8112