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29,968 SF Retail Investment Opportunity

1391 E Longview Dr, Woodbridge, VA

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For Sale

Contact for pricing

Fully occupied retail building in high-traffic area with strong tenants.

Type:RETAIL

Property size:

29,968 SF

Lot size:

21.65 Acres

Price / SF:

$265/SF

HighLights

100% Occupancy: Provides immediate and consistent income.
Steady Income Stream: Offers a reliable return on investment.
Prime Retail Investment Opportunity: Highlights the property's potential for financial growth.
High‑Traffic Area: Increases visibility and customer potential for tenants.
Maximum Visibility: Enhances business exposure for tenants.
Strong Tenant Stability: Ensures long‑term income reliability.

We can help!

Listing Contact

Dimitri Georgelakos

For Sale

Contact for pricing

Fully occupied retail building in high-traffic area with strong tenants.

Type:RETAIL

Property size:

29,968 SF

Lot size:

21.65 Acres

Price / SF:

$265/SF

Added:: Aug 27, 2024
Days on Market:: 657
Last Refresh:: May 19 at 8:40 pm

Property Features for 1391 E Longview Dr

General Information

Standard status: Active
Size: 29,968 SF
Lot size: 21.65 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Dimitri Georgelakos

Listing agent Dimitri Georgelakos License #0225185942

Listing office KLNB - Tysons

Listing date Aug 27, 2024

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 KLNB - Tysons

HighLights

100% Occupancy: Provides immediate and consistent income.
Steady Income Stream: Offers a reliable return on investment.
Prime Retail Investment Opportunity: Highlights the property's potential for financial growth.
High‑Traffic Area: Increases visibility and customer potential for tenants.
Maximum Visibility: Enhances business exposure for tenants.
Strong Tenant Stability: Ensures long‑term income reliability.

Overview

This is a 29,968 square foot retail building featuring five fully occupied units. The property is zoned B1 and benefits from a high-traffic location and maximum visibility, as well as strong foot traffic. The property offers 100% occupancy, a steady income stream, and strong tenant stability, presenting a prime retail investment opportunity.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$845.1k	$28.20
− Vacancy	−$23.7k	−$0.79
EGI	$821.4k	$27.41
− OpEx	−$246.4k	−$8.22
NOI	$575.0k	$19.19

29,968 SF · lease $28.20/SF/yr · vacancy 2.80% · expense 30.00%

Alternative Uses

Best Use

Retail

$8.21M

$7.19M – $9.58M (±1% cap)

NOI $575,004 @ 7.0% cap · market cap 7.23%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$8.80M

$7.70M – $10.27M (±1% cap)

NOI $616,076 @ 7.0% cap · market cap 7.75%

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

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Similar Places Nearby

Lynnwood Plaza — 14415 Jefferson Davis Hwy, Woodbridge, VA 22191
Jefferson Plaza Shopping Center — Woodbridge, VA 22191
Prince William Plaza — 14490 Jefferson Davis Hwy, Woodbridge, VA 22191
Woodside Station Shopping Center — 14455 Richmond Hwy, Woodbridge, VA 22191
Mr Woof Dog Care — 1000 Cannons Ct #101, Woodbridge, VA 22191

Location Insight

Map
Local Demand

City: Woodbridge
County: Prince William
State: Virginia
Longitude: -77.2604
Latitude: 38.6476

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For sale
Shopping centers
VA
Woodbridge
1391 E Longview Dr

What type of property is this?

Shopping center - Fully occupied retail building in high-traffic area with strong tenants.

Where is this shopping center located?

The property is located at 1391 E Longview Dr Woodbridge, VA.

What is the asking price?

The asking price for this property is $7,950,000.

What are key features of this property?

This property features: 100% Occupancy: Provides immediate and consistent income.; Steady Income Stream: Offers a reliable return on investment.; Prime Retail Investment Opportunity: Highlights the property's potential for financial growth.