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    629 King St Alexandria, VA 22314

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    For Lease
    Contact for pricing

    NNN leased retail property in Alexandria, Virginia.

    Property size:
    2,546 SF
    Lot size:
    0.04 Acres

    Property Features for 629 King St

    General Information

    Size
    2,546 SF
    Lot size
    0.04 Acres

    Source: SRS Real Estate Partners | McLean Agent Rick Fernandez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on King Street

    This is a NNN leased investment property located in Alexandria, Virginia. The property is leased to State and Liberty, who recently signed a new 10-year lease with one 5-year option to extend. The lease includes 3% annual rental increases throughout the initial term and each option period. The lease is NNN with limited landlord responsibilities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Alfriend Building Historical Landmark AT&T Store Cell Phone Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.0466742
    Latitude
    38.8051268

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    FAQs

    What type of property is this?
    Retail space - NNN leased retail property in Alexandria, Virginia.
    Where is this retail space located?
    The property is located at 629 King St Alexandria, VA.
    What are key features of this property?
    This property features: - Brand new 10-year NNN lease with State and Liberty; - Features 3% annual rental increases throughout the initial term and option period; - Fee simple interest (land & building ownership)
    (703) 297-9623
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    629 King St Alexandria, VA 22314
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    Alexandria, VA 22314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    629 King St Alexandria, VA 22314
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