Ground-Floor Professional Office
2059 HUNTINGTON AVENUE #P108, Alexandria, VA 22303
For Sale
Contact for pricing
A five-office layout includes reception, file storage, closets, and a private restroom.
Property Size1,151 SF
Price / SF$2.33
Days on Market8
Property Features for 2059 HUNTINGTON AVENUE #P108
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Site & Location
Highway Access
Road Access
Public Transit
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Serafin Real Estate
(703) 994-7510
Listed By:
Peter Pokorny · License #0225257962
(703) 850-9099
Source:
Cummingsrealtors
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 6:25AM
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 Serafin Real Estate
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Investment Insights
Based on property information with market context.
Unit P108 is a 1,151-square-foot office suite on the ground floor of Hunting Creek Club, a 228-unit residential condominium. Its professional-office buildout includes a reception area, five private offices, a file room, two closets, and an in-suite restroom. A replacement HVAC system was installed in 2025.
The property at 2059 Huntington Avenue is about 0.8 mile from Huntington Metro, with access to Route 1 and the Capital Beltway. Parking is available in the condominium’s shared open lot.
The unit is offered on a modified gross lease. The landlord covers real estate taxes and condominium association fees; the tenant is responsible for utilities not included in the condo fee.
The property at 2059 Huntington Avenue is about 0.8 mile from Huntington Metro, with access to Route 1 and the Capital Beltway. Parking is available in the condominium’s shared open lot.
The unit is offered on a modified gross lease. The landlord covers real estate taxes and condominium association fees; the tenant is responsible for utilities not included in the condo fee.
Key Highlights
- 1,151 SF ground‑floor office unit, Unit P108
- Five private offices, reception area, file room, two closets, and in‑suite restroom
- New HVAC system installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,411
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,220
$308.2K
Cap Rate 7%
$220,157
$220.2K
Cap Rate 9%
$171,233
$171.2K
Market Conditions
NOI Build-Up for 1,151 SF
Gross rent
$24.0K $20.88/SF
− Vacancy
−$3.5K −$3.03/SF
EGI
$20.5K $17.85/SF
− OpEx
−$5.1K −$4.46/SF
NOI
$15.4K $13.39/SF
Area
Alexandria, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,220
Cap Rate 7%
$220,157
Cap Rate 9%
$171,233
Alternative Uses
Best Use
Office B
$220.2K
$192.6K – $256.9K
NOI $15,411 @ 7.0% cap · market cap 573.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$639.3K
$559.4K – $745.9K
NOI $44,751 @ 7.0% cap · market cap 1,666.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
Explore this area
Business Placement
Demographics for 22303, VA
16,109
Population
8,669
Households
1.9
Avg Household Size
36
Median Age
61%
College-Educated
92%
High-School Grad
1.9 sq mi
ZIP Area
8,478
Density / Sq Mi
$103,822
Median Household Income
$69,699
Median Earnings
$2,050
Median Rent
$547,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Alexandria, VA
Properties on Market for Office Units in Alexandria
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A five-office layout includes reception, file storage, closets, and a private restroom.
Where is this office unit located?
The property is located at 2059 HUNTINGTON AVENUE #P108 Alexandria, VA.
What are key features of this property?
This property features: 1,151 SF ground‑floor office unit, Unit P108; Five private offices, reception area, file room, two closets, and in‑suite restroom; New HVAC system installed in 2025
