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Downtown Office Building

38 Rouss Ave, Winchester, VA 22601

For Lease
Contact for pricing

Former executive wing office building with multiple sizes available, adjacent to City Hall and a historic walking-mall area.

Space Size2,208 SF
Days on Market161

Property Features for 38 Rouss Ave

General Information

Standard status Active
Size 2,208 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 38 Rouss Ave
38 Rouss Ave $10/SF/Yr
Floor 2
Size 2,208 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Downtown office building - Formerly the executive wing of F&M Bank - Multiple sizes available - Adjacent to City Hall - Adjacent to Historic Walking-Mall - Quick walk to: - Frederick County Administrative Buildings - Courthouse - Numerous parking structures
Contact us
Listing Agency: Cushman & Wakefield | Thalhimer - Fredericksburg
Listed By: Jamie Scully · License VA #0225082322
Source: Moodyscre
Added: Jun 3 Changed: Nov 4 Last Checked: Nov 8 at 7:21AM

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 | Thalhimer - Fredericksburg

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This downtown office building was formerly the executive wing of F&M Bank and offers multiple suite sizes for lease. The property is configured as office space, with availability in more than one configuration to support different occupancy needs.

The building is adjacent to City Hall and near a historic walking-mall area. It’s also described as a quick walk to Frederick County administrative buildings and the courthouse, with numerous parking structures in the surrounding area.

For tenants seeking a central office address within walking distance of key government and administrative uses, this property’s location and flexible suite sizing are the primary leasing considerations.

Key Highlights

  • Downtown office building formerly the executive wing of F&M Bank
  • Multiple sizes available
  • Adjacent to City Hall

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

McGriff Insurance Services Insurance Agency

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Travel Agency Tech Support Center Pet Grooming Service Florist

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,889
Businesses Nearby

Demographics for 22601, VA

29,720
Population
13,159
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
3,033
Density / Sq Mi
$66,542
Median Household Income
$38,491
Median Earnings
$1,316
Median Rent
$321,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Winchester, VA

$15.5 /SF/Yr
Avg Asking Price
$3.3–$22 /SF/Yr
Price Range
9,399 SF
Avg Space Size

This space is priced 35% below the average of $15.5 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Winchester, VA

$15.41 Jul
$17.86 Aug
$15.95 Sep
$15.9 Oct

Properties on Market for Office Units in Winchester

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Former executive wing office building with multiple sizes available, adjacent to City Hall and a historic walking-mall area.
Where is this office unit located?
The property is located at 38 Rouss Ave Winchester, VA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Downtown office building formerly the executive wing of F&M Bank; Multiple sizes available; Adjacent to City Hall
(540) 327-2134 Call to check price and availability
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