Two-Level Office
For Sale
Contact for pricing
5645 -L GENERAL WASHINGTON DRIVE, Alexandria, VA 22312
Renovated workspace offers private offices, a full bathroom, and an adaptable room for meetings or storage.
Property Size1,500 SF
Price / SF$3
Days on Market30
Property Features for 5645 -L GENERAL WASHINGTON DRIVE
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Building Details
Year Built
1981
Listing Agency:
NBI Realty, LLC
(703) 256-6247
Listed By:
Vanesa Castel-Quiroz · License #0225089919
(703) 899-2525
Source:
Cummingsrealtors
Added: Sep 23
Changed: Oct 21
Last Checked: Oct 20 at 10:29PM
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 NBI Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,500-square-foot office unit has a two-level layout with three private offices, one full bathroom, and a separate room suited to storage, work, or meetings. Renovation work is complete, and the space is ready for occupancy. The property was built in 1981.
The unit is at 5645 General Washington Drive in Alexandria, near Edsall Road, with access to I-395 and I-495. Washington, DC is approximately 10 minutes away. The space is suited to general office operations, professional services, consulting, and administrative businesses, as well as other permitted commercial uses.
The unit is at 5645 General Washington Drive in Alexandria, near Edsall Road, with access to I-395 and I-495. Washington, DC is approximately 10 minutes away. The space is suited to general office operations, professional services, consulting, and administrative businesses, as well as other permitted commercial uses.
Key Highlights
- 1,500‑square‑foot office unit arranged across two levels
- Three private offices and one full bathroom
- Additional room can serve as storage, workspace, or a meeting room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,680
$401.7K
Cap Rate 7%
$286,914
$286.9K
Cap Rate 9%
$223,156
$223.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$31.3K $20.88/SF
− Vacancy
−$4.5K −$3.03/SF
EGI
$26.8K $17.85/SF
− OpEx
−$6.7K −$4.46/SF
NOI
$20.1K $13.39/SF
Area
Alexandria, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,680
Cap Rate 7%
$286,914
Cap Rate 9%
$223,156
Alternative Uses
Best Use
Office B
$286.9K
$251.1K – $334.7K
NOI $20,084 @ 7.0% cap · market cap 446.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$833.1K
$729.0K – $972.0K
NOI $58,320 @ 7.0% cap · market cap 1,296.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
Explore this area
Business Placement
Demographics for 22312, VA
30,447
Population
11,191
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
5,970
Density / Sq Mi
$105,044
Median Household Income
$53,471
Median Earnings
$2,009
Median Rent
$593,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Renovated workspace offers private offices, a full bathroom, and an adaptable room for meetings or storage.
Where is this office unit located?
The property is located at 5645 -L GENERAL WASHINGTON DRIVE Alexandria, VA.
What are key features of this property?
This property features: 1,500‑square‑foot office unit arranged across two levels; Three private offices and one full bathroom; Additional room can serve as storage, workspace, or a meeting room
