Fully Leased Corner-Lot Mixed-Use
For Sale
Contact for pricing
Pending
2727 Washington Blvd, Arlington, VA 22201
Fully leased mixed-use corner lot with six retail suites and six apartments above, plus rooftop and parking income.
Property Size11,192 SF
Lot Size0.46 Acres
Days on Market480
Property Features for 2727 Washington Blvd
General Information
Standard status
Pending
Size
11,192 SF
Total Parking Spaces
18
Lot size
0.46 Acres
Property subtype
Retail, Multifamily, Mixed Use
Zoning
C-1
Occupancy
100%
Investment Type
Stabilized
Additional Details
Cap Rate
7.02%
Highway Access
Yes
Multifamily Units
6
Building Details
Year Built
1937
Year Renovated
2020
Buildings
1
Stories
2
Units
12
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
Lorenzo Wooten, Jr. CCIM · License #MD 629911
(202) 536-3742
Source:
Crexi
Added: May 14, 2025
Changed: Aug 8
Last Checked: Jul 24 at 3:10PM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
2727–2731 Washington Boulevard is a fully leased mixed-use property featuring six ground-floor retail suites and six residential apartments above. The building totals 11,192 rentable square feet and is configured as a signalized corner-lot asset. Existing ancillary income includes rooftop T-Mobile antennas and a long-term parking lease with a neighboring dentist.
The property is positioned at the signalized corner of Washington Boulevard and North Pershing Drive, offering proximity to Clarendon Metro Station (about three blocks). Walkable amenities mentioned include Whole Foods and Trader Joe’s, along with nearby restaurants and retailers. The site also provides 18 dedicated parking spaces and quick access to highway 395.
The property is described as 100% leased and includes annual income over $56,000 from the rooftop T-Mobile antennas. It is identified as zoned C-1.
The property is positioned at the signalized corner of Washington Boulevard and North Pershing Drive, offering proximity to Clarendon Metro Station (about three blocks). Walkable amenities mentioned include Whole Foods and Trader Joe’s, along with nearby restaurants and retailers. The site also provides 18 dedicated parking spaces and quick access to highway 395.
The property is described as 100% leased and includes annual income over $56,000 from the rooftop T-Mobile antennas. It is identified as zoned C-1.
Key Highlights
- Fully leased mixed‑use corner property (6 retail suites + 6 residential apartments) totaling 11,192 rentable SF.
- 100% leased with annual rooftop antenna income: over $56,000 from T‑Mobile antennas plus a long‑term parking lease.
- 7.02% capitalization rate reported, with more than 110 bps above the submarket average.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,295
Businesses Nearby
Explore this area
Business Placement
Demographics for 22201, VA
39,331
Population
21,787
Households
1.8
Avg Household Size
32
Median Age
86%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
17,100
Density / Sq Mi
$141,736
Median Household Income
$89,508
Median Earnings
$2,468
Median Rent
$760,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased mixed-use corner lot with six retail suites and six apartments above, plus rooftop and parking income.
Where is this mixed-use property located?
The property is located at 2727 Washington Blvd Arlington, VA.
What are key features of this property?
This property features: Fully leased mixed‑use corner property (6 retail suites + 6 residential apartments) totaling 11,192 rentable SF.; 100% leased with annual rooftop antenna income: over $56,000 from T‑Mobile antennas plus a long‑term parking lease.; 7.02% capitalization rate reported, with more than 110 bps above the submarket average.
