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Former Bank Retail Space
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2050 Ballenger Ave, Alexandria, VA 22314

Former Atlantic Union Bank space offering approximately 2,000 square feet for retail or banking-related uses.

Property Size2,000 SF
Days on Market850

Property Features for 2050 Ballenger Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Winmar Advisory
Listed By: Lance LJ Marine · License #0225068243
Source: Moodyscre
Added: Apr 2, 2024 Changed: Jul 25 Last Checked: Jul 30 at 10:54AM

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 Winmar Advisory

Investment Insights

Based on property information with market context.

This offering consists of approximately 2,000 square feet of former Atlantic Union Bank space. The property is positioned for conversion to a retail environment, subject to applicable approvals.

The building is located in the Carlyle Community at 2050 Ballenger Ave, Alexandria, VA 22314.

Available as a rental, the space provides a defined footprint for tenants seeking a ready-built commercial location.

Key Highlights

  • Approximately 2,000 SF former Atlantic Union Bank space
  • Located in the Carlyle Community
  • Suitable for retail or banking‑related uses

Property Analytics

Current Use

The Carlyle Club Hotel & Motel Catholic Charities USA Charitable Organization Tender Hearts Home ... Home Health Care Service King Of Baklava Sweets Bakery Sprig's Coffee & Pastry ... Cafe & Coffee Shop

Suggested Use

Top Pick Food Market Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Mobile Phone Store Garden Center

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,880
Businesses Nearby
154k
Monthly Visits Nearby

Foot Traffic Nearby

Leisure 42% Groceries 26% Dining 11% Hotels & Casinos 10%
AMC Hoffman Center 22 Leisure
64,269 visits/mo 0.4 miles
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
Ted's Montana Grill Dining
7,228 visits/mo 0.4 miles
Crate and Barrel Home Improvements & Furnishings
6,966 visits/mo 0.3 miles

Demographics for 22314, VA

35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former Atlantic Union Bank space offering approximately 2,000 square feet for retail or banking-related uses.
Where is this bank located?
The property is located at 2050 Ballenger Ave Alexandria, VA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Approximately 2,000 SF former Atlantic Union Bank space; Located in the Carlyle Community; Suitable for retail or banking‑related uses
(703) 622-8156 Call to check price and availability
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