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Giant Food Retail Asset
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621 E Glebe Rd, Alexandria, VA 22305

Single tenant Giant Food asset in Alexandria, Virginia.

Property Size66,805 SF
Days on Market170

Property Features for 621 E Glebe Rd

General Information

Standard status Active
Size 66,805 SF
Total Parking Spaces 183
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 2015
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: CBRE - Atlanta
Listed By: Chris Bosworth · License #GA 248342
Source: Crexi
Added: Feb 23 Changed: Aug 8 Last Checked: Aug 8 at 2:57PM

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 CBRE - Atlanta

Investment Insights

Based on property information with market context.

A single tenant Giant Food asset is available within a 66,805 square foot ground floor retail condominium. The property is located in the Notch 8 mixed-use development in the Potomac Yard submarket of Alexandria, Virginia. Situated near the Potomac Yards Metro Station, the property is positioned to benefit from nearby economic developments, including Amazon HQ2 and the Virginia Tech Innovation Campus. The remaining lease term is approximately 9.6 years.

Key Highlights

  • ±9.6‑year single tenant Giant Food net lease asset.
  • Located in the highly desirable Potomac Yard submarket of Alexandria, VA.
  • Positioned steps from the Potomac Yards Metro Station.

Property Analytics

Current Use

KeyMe Locksmiths Locksmith Coinstar Kiosk | Bitcoin ... Atm higi Medical Clinic Giant Food Grocery & Convenience Store PNC ATM Atm

Suggested Use

Top Pick Electrical Service Dental Office Barber Shop Law Firm (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby
350k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 36% Dining 21% Shops & Services 21% Electronics 10%
Target Superstores
125,077 visits/mo 0.2 miles
Best Buy Electronics
28,805 visits/mo 0.3 miles
IHOP Dining
21,159 visits/mo 0.2 miles
Staples Office Supplies
19,057 visits/mo 0.2 miles
PetSmart Shops & Services
15,527 visits/mo 0.2 miles

Demographics for 22305, VA

17,849
Population
8,028
Households
2.2
Avg Household Size
34
Median Age
59%
College-Educated
83%
High-School Grad
1.3 sq mi
ZIP Area
13,730
Density / Sq Mi
$109,124
Median Household Income
$64,012
Median Earnings
$1,902
Median Rent
$817,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • MOM's Organic Market 3831 Mt Vernon Ave, Alexandria, VA 22305
  • Target Grocery 3101 Richmond Hwy, Alexandria, VA 22305
  • Food Star 206 W Glebe Rd, Alexandria, VA 22305
  • Foodway 206 W Glebe Rd, Alexandria, VA 22305

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Single tenant Giant Food asset in Alexandria, Virginia.
Where is this grocery and convenience store located?
The property is located at 621 E Glebe Rd Alexandria, VA.
What are key features of this property?
This property features: ±9.6‑year single tenant Giant Food net lease asset.; Located in the highly desirable Potomac Yard submarket of Alexandria, VA.; Positioned steps from the Potomac Yards Metro Station.
(404) 504-7893 Call to check price and availability
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