Retail Condominium
1800 OLD MEADOW Road Mc Lean, VA 22102
New
1800 OLD MEADOW Road, Mc Lean, VA, 22102
$495,000
For Sale
$495,000
Commercial Sale - MCLEAN, VA
Property Size2,000 SF
Price / SF$247.50
Days on Market2
Property Features for 1800 OLD MEADOW Road
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 3263
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1977
- Building materials
- Brick
Listing agency
Millennium Realty Group Inc.
(703) 743-0051
Listed by
Clara Marshall · License #0225223995
(703) 898-6403
Added: Jul 22 Checked: Jul 23 at 12:06AM
MLS# VAFX2330444
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Retail condominium space for sale at The Regency at McLean. The unit is approximately 2,000 square feet and offers flexibility, with the option to be configured as up to three separate units. The space is suited for a range of neighborhood-serving uses, including retail and professional services, and may be divided into independent suites.
Located within The Regency at McLean, a community of approximately 312 residential condominiums, and positioned adjacent to the building’s main lobby for convenient access and visibility to residents and visitors. A condominium association includes utilities, which can help simplify ownership and reduce certain operating expenses.
Commercial spaces in the building have historically supported businesses such as a convenience store and a hair salon. The property is minutes from Tysons, the Silver Line Metro, I-495, Route 123, and the Dulles Toll Road.
Located within The Regency at McLean, a community of approximately 312 residential condominiums, and positioned adjacent to the building’s main lobby for convenient access and visibility to residents and visitors. A condominium association includes utilities, which can help simplify ownership and reduce certain operating expenses.
Commercial spaces in the building have historically supported businesses such as a convenience store and a hair salon. The property is minutes from Tysons, the Silver Line Metro, I-495, Route 123, and the Dulles Toll Road.
Key Highlights
- Approximately 2,000 SF retail condominium space at The Regency at McLean
- May be configured/divided into up to three separate units or independent suites
- Condominium association includes utilities, helping reduce operating expenses
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 | $59.0k | $29.52 |
| − Vacancy | −$8.6k | −$4.28 |
| EGI | $50.5k | $25.24 |
| − OpEx | −$12.6k | −$6.31 |
| NOI | $37.9k | $18.93 |
2,000 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Retail
$783.6K
$685.7K – $914.2K
NOI $54,853 @ 7.0% cap · market cap 11.08%
Second Best
Office B
$540.8K
$473.2K – $631.0K
NOI $37,859 @ 7.0% cap · market cap 7.65%
Theoretical Best
Specialty Retail
$8.38M
$7.34M – $9.78M
NOI $586,845 @ 7.0% cap · market cap 118.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cafe Monaco
Restaurant
Regency Salon
Hair Salon
The SportPort
Gym & Fitness Center
DanceSport Endurance
Theater & Performing Art Venue
Mclean S&H
Gym & Fitness Center
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail condo in The Regency at McLean with association-included utilities and possible configuration into up to three units.
Where is this retail space located?
The property is located at 1800 OLD MEADOW Road Mc Lean, VA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Approximately 2,000 SF retail condominium space at The Regency at McLean; May be configured/divided into up to three separate units or independent suites; Condominium association includes utilities, helping reduce operating expenses
