Turnkey Beauty Salon
For Sale
Contact for pricing
3800 POWELL LANE #CU3, Falls Church, VA 22041
Renovated beauty salon suite with four styling/barber chairs, space for two more, plus in-unit washer and dryer.
Property Size750 SF
Price / SF$5.33
Days on Market98
Property Features for 3800 POWELL LANE #CU3
General Information
Standard status
Active
Size
750 SF
Property subtype
Commercial
Amenities
washer and dryer
Building Details
Year Built
1983
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Muhammad Hajjaj · License #5016675
(202) 735-7566
Source:
Cummingsrealtors
Added: Jul 26
Changed: Oct 29
Last Checked: Oct 30 at 3:29PM
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 Fairfax Realty Premier
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Investment Insights
Based on property information with market context.
This turnkey, recently renovated beauty salon suite is approximately 750 sq. ft. and designed for immediate operation. The current buildout includes four styling/barber chairs with room for two additional stations, allowing a new operator to customize the layout with their own equipment. Additional in-suite convenience includes a washer and dryer.
The suite is located at 3800 Powell Lane #CU3 in Falls Church, VA, with convenient access to Annandale, Falls Church, Arlington, Alexandria, and surrounding communities. Monthly rent is $4,000, and the tenant is responsible for internet service and business liability insurance.
One barber currently leases a single chair and, under an existing agreement, will remain through 2029. The remaining portion of the suite is available for the new tenant to operate.
The suite is located at 3800 Powell Lane #CU3 in Falls Church, VA, with convenient access to Annandale, Falls Church, Arlington, Alexandria, and surrounding communities. Monthly rent is $4,000, and the tenant is responsible for internet service and business liability insurance.
One barber currently leases a single chair and, under an existing agreement, will remain through 2029. The remaining portion of the suite is available for the new tenant to operate.
Key Highlights
- Renovated ~750 SF beauty salon suite in a building built in 1983.
- Currently includes four styling/barber chairs with room to add two more stations.
- Washer and dryer included in the suite.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,570
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,400
$411.4K
Cap Rate 7%
$293,857
$293.9K
Cap Rate 9%
$228,556
$228.6K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$30.4K $40.56/SF
− Vacancy
−$1.0K −$1.38/SF
EGI
$29.4K $39.18/SF
− OpEx
−$8.8K −$11.75/SF
NOI
$20.6K $27.43/SF
Area
Fairfax County, VA
Vacancy
3.40%
Lease Rate
$40.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,400
Cap Rate 7%
$293,857
Cap Rate 9%
$228,556
Alternative Uses
Best Use
Retail
$293.9K
$257.1K – $342.8K
NOI $20,570 @ 7.0% cap · market cap 514.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.14M
$2.75M – $3.67M
NOI $220,067 @ 7.0% cap · market cap 5,501.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
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Business Placement
Demographics for 22041, VA
28,039
Population
11,567
Households
2.4
Avg Household Size
36
Median Age
47%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
10,014
Density / Sq Mi
$91,075
Median Household Income
$46,350
Median Earnings
$1,913
Median Rent
$432,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Renovated beauty salon suite with four styling/barber chairs, space for two more, plus in-unit washer and dryer.
Where is this retail space located?
The property is located at 3800 POWELL LANE #CU3 Falls Church, VA.
What are key features of this property?
This property features: Renovated ~750 SF beauty salon suite in a building built in 1983.; Currently includes four styling/barber chairs with room to add two more stations.; Washer and dryer included in the suite.
