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2318 Mill Rd, Alexandria, VA 22314

Floors 10–14 are available within a 10-level office building with ground-floor retail and multi-level parking.

Property Size24,655 SF
Days on Market631

Property Features for 2318 Mill Rd

General Information

Standard status Active
Size 24,655 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Cushman & Wakefield | Tyson's Corner
Listed By: Williamson Thomas
Source: Moodyscre
Added: Nov 6, 2024 Changed: Jul 25 Last Checked: Jul 30 at 12:22PM

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 Cushman & Wakefield | Tyson's Corner

Investment Insights

Based on property information with market context.

Carlyle Overlook is a 10-level office building featuring four levels of parking and ground-floor retail. The building has had prior floor sales, with floors 5–9 sold to the American Society of Clinical Oncology.

Floors 10–14 are available for lease. The project is situated adjacent to the Eisenhower Avenue Metro station and the Patent and Trademark Office, providing convenient transit and federal office proximity.

Prospective tenants can look at the available upper floors within a purpose-built multi-story office configuration that also supports parking and street-level retail activity.

Key Highlights

  • Floors 10–14 are available for lease in a 10‑level office building with ground‑floor retail.
  • Floors 5–9 sold to the American Society of Clinical Oncology for approx. $410/SF.
  • Carlyle Overlook is a $75 million project adjacent to the Eisenhower Avenue Metro station.

Property Analytics

Current Use

Conquer Cancer, the ASCO ... Charitable Organization International Centre for Missing ... Charitable Organization BeautyMC Hair LLC Cosmetic Store Carlyle Overlook Corporate Office

Suggested Use

Top Pick Food Market Electrical Service Locksmith (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Grocery & Convenience 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
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,557
Businesses Nearby

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

Lease Benchmarks for Alexandria, VA

$35.91 /SF/Yr
Avg Asking Price
$3–$90 /SF/Yr
Price Range
22,276 SF
Avg Space Size

This space is priced 17% above the average of $35.91 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Floors 10–14 are available within a 10-level office building with ground-floor retail and multi-level parking.
Where is this office units located?
The property is located at 2318 Mill Rd Alexandria, VA.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: Floors 10–14 are available for lease in a 10‑level office building with ground‑floor retail.; Floors 5–9 sold to the American Society of Clinical Oncology for approx. $410/SF.; Carlyle Overlook is a $75 million project adjacent to the Eisenhower Avenue Metro station.
(703) 770-3429 Call to check price and availability
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