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    Old Town Alexandria Headquarters Location Title is generated by Realmo AI

    606 N Washington St, Alexandria, VA

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    Headquarters location in Old Town Alexandria with parking garage.

    Type:OFFICE
    Property size:
    26,461 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $260/SF
    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

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    Listing Contact
    Larry FitzGerald

    Listing agent Larry FitzGerald

    Listing office Newmark | Tysons

    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

    This property is located in the heart of Old Town Alexandria. The building offers a spacious underground parking garage. It presents an opportunity for a user, investor, or sale-and-leaseback. The property can accommodate multi-tenant use and is suitable as a headquarters location. The building has a size of 26461 square feet.

    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
    26,461 SF · lease $20.88/SF/yr · vacancy 14.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $5.06M
    $4.43M – $5.90M (±1% cap)
    NOI $354,294 @ 7.0% cap · market cap 5.13%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $14.70M
    $12.86M – $17.15M (±1% cap)
    NOI $1,028,804 @ 7.0% cap · market cap 14.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Robert's Memorial United Church National Active and Retired ... Corporate Office Roberts Memorial United ... Tour Operator

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.0459
    Latitude
    38.8112

    FAQs

    What type of property is this?
    Office building - Headquarters location in Old Town Alexandria with parking garage.
    Where is this office building located?
    The property is located at 606 N Washington St Alexandria, VA.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: Headquarters location in the heart of Old Town Alexandria; User, investor or sale‑and‑leaseback opportunity; Can accommodate multi‑tenant use
    (703) 448-2000 Call to check price and availability
    More about this property
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