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Ground Floor Retail Condominium

2841 Hartland Rd Ste 101 Falls Church, VA 22043

2841 Hartland Rd Ste 101, Falls Church, VA, 22043
$699,500
For Sale
$699,500

Class A building ground-floor retail condo with high ceilings and exterior loading double doors for flexible tenant setup.

Property Size3,080 SF
Price / SF$227.11
Days on Market47

Property Features for 2841 Hartland Rd Ste 101

General Information

Standard status
Active
Size
3,080 SF
Property subtype
Industrial

Building Details

Year Built
1989
Listing Agency Divaris Real Estate | Washington DC
Listed by Kathy Killion · License #DC SP98368671
Source Divaris
Added: Jun 2 Checked: Jul 17 at 5:31 am

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 Divaris Real Estate | Washington DC


Investment Insights

Based on property information with market context.

Ground floor commercial condominium within a Class A office building featuring a four-story glass atrium. The space totals approximately 3,080 square feet, with about 1,600 square feet of the suite offering approximately 18' ceilings, and an additional 500 square foot steel mezzanine. Access is designed for convenience, with four doors into the suite, including exterior double door loading access. Roughly half of the suite benefits from the higher ceiling height, creating room for merchandising displays, adaptable layouts, or operational back-of-house uses supported by the mezzanine.

The building backs to I-495 and is located within a few blocks of Mosaic District and Dunn Loring Metro. Mosaic District includes a mix of shops and restaurants such as Target, Ted’s Bulletin, and Angelika Film Center. Dunn Loring Metro is less than a mile away, along with additional nearby dining and shopping options, including Harris Teeter. The property also provides easy access to I-495, I-66, Rt. 29/Lee Hwy, and Route 50, with Inova Hospital approximately 1.8 miles away.

This is a strong fit for tenants seeking a high-visibility, ground-floor presence in a Class A building with practical access and loading capability. The combination of substantial ceiling height and an on-site mezzanine supports a range of retail and service uses where flexible interior configuration and efficient operations are important.

Key Highlights

  • Ground‑floor commercial condo in a Class A office building (year built 1989) with 3,080 SF total
  • Includes approx. 18' high ceilings in approx. 1,600 SF of the suite
  • Plus a 500 SF steel mezzanine for additional usable space

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 $90.9k $29.52
− Vacancy −$13.2k −$4.28
EGI $77.7k $25.24
− OpEx −$19.4k −$6.31
NOI $58.3k $18.93
3,080 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$832.9K
$728.8K – $971.7K (±1% cap)
NOI $58,303 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.91M
$11.30M – $15.06M (±1% cap)
NOI $903,741 @ 7.0% cap · market cap 129.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

IRS-Solutions LLC Tax Preparation Michael Ercole, PT Physician insulation professional in falls ... General Contractor Nanak Insurance Agency, ... Insurance Agency Sleep & TMJ Therapy Dental Office

Suggested Use

Big Box & Wholesale Store Hotel & Motel Pharmacy Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Nail Salon (Bike/Boat/Book/etc) Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Class A building ground-floor retail condo with high ceilings and exterior loading double doors for flexible tenant setup.
Where is this office units located?
The property is located at 2841 Hartland Rd Ste 101 Falls Church, VA.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: Ground‑floor commercial condo in a Class A office building (year built 1989) with 3,080 SF total; Includes approx. 18' high ceilings in approx. 1,600 SF of the suite; Plus a 500 SF steel mezzanine for additional usable space
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