Listing Agency: KLNB - Washington, D.C. m***@klnb.com Show Phone

Listed By: Matt Skalet

Source: Moodyscre

Added: Aug 2, 2023 Changed: Jul 6 Last Checked: Jul 21 at 6:22AM

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Investment Insights

Based on property information with market context.

This retail space offers up to 3,581 square feet, divisible to suit tenant needs. Located on the street level of a fully leased 51,000 square foot office building, the space benefits from prime visibility on King Street, which sees an average daily traffic count of 15,000 vehicles. The property is a second-generation bank branch, suitable for a variety of retail or financial services uses.

Key Highlights

• Prime visibility to King Street's 15,000 ADT
• 2nd generation bank branch
• Up to 3,581 sf (divisible)

Property Analytics

Property Profile

Current Use

Dominion Endodontics Medical Clinic Frank R Portell, ... Dental Office Nicholas Leon-Guerrero, DDS Dental Office Nathan Schoenly, DDS Dental Office David Palmieri, DMD, ... Dental Office

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Auto Parts Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$9.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,906

Businesses Nearby

91k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 44% Shops & Services 17% Hotels & Casinos 14% Dining 12%

Whole Foods Market Groceries

39,852 visits/mo 0.2 miles

Embassy Suites by Hilton Alexandria Old Town Hotels & Casinos

7,654 visits/mo 0.2 miles

Crate and Barrel Home Improvements & Furnishings

6,966 visits/mo 0.1 miles

Jeni's Splendid Ice Creams Dining

6,617 visits/mo 0.4 miles

Shell Shops & Services

6,450 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this banks located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Bank - Retail space available on King Street with high visibility.

Where is this bank located?

The property is located at 1650 King St Alexandria, VA.

What is the lease rate?

The lease rate is $60 SF/Yr.

What are key features of this property?

This property features: Prime visibility to King Street's 15,000 ADT; 2nd generation bank branch; Up to 3,581 sf (divisible)