3500 Mt Vernon Ave Alexandria, VA 22305

Listing agency KW Commercial Tysons - Vienna

Listed by Bridget Schmitz · License #VA 0225205778

Source Crexi

Added: Apr 3 Updated: Jul 20 at 11:47PM Checked: Jul 20 at 11:47PM

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Investment Insights

Based on property information with market context.

This high-visibility, freestanding corner retail building provides dual access and strong street frontage at a signalized intersection. The property totals 1,232 square feet and is leased for a 5-year term on a NNN basis, generating approximately $84,430 in NOI.

Located at 3500 Mt Vernon Ave in Alexandria, the site sits at the corner of Mt Vernon Ave and W. Glebe Rd within the Glebe–Mt Vernon corridor. The property is adjacent to Alexandria’s largest new affordable housing development and neighbors the Sansé and Naja development (450+ units delivering in 2027).

Zoned CDD-12, the site offers long-term flexibility, including potential redevelopment or vertical mixed-use, as the surrounding area continues to densify.

Key Highlights

• 1,232 SF freestanding, single‑tenant corner retail building with dual access on Mt Vernon Ave and W. Glebe Rd
• Leased on a 5‑year term with NNN structure for approximately $84,430 NOI
• Zoned CDD‑12, offering long‑term flexibility for redevelopment or vertical mixed‑use

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FAQs

What type of property is this?

Retail space - Single-tenant corner retail building with dual access, leased on an NNN basis.

Where is this retail space located?

The property is located at 3500 Mt Vernon Ave Alexandria, VA.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: 1,232 SF freestanding, single‑tenant corner retail building with dual access on Mt Vernon Ave and W. Glebe Rd; Leased on a 5‑year term with NNN structure for approximately $84,430 NOI; Zoned CDD‑12, offering long‑term flexibility for redevelopment or vertical mixed‑use