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    502 Broad St Falls Church, VA 22046

    For Lease
    $42 SF/Yr ($10,363 /Mo)

    Prime location, 2,961 sq ft available.

    Lot size:
    2,961 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,961 square foot medical office space, located at 502 W Broad St in Falls Church, Virginia (zip code 22046), presents a unique investment opportunity. The property, situated within "The Broadway" mixed-use condominium building, boasts excellent visibility on West Broad Street, offering high foot traffic and prominent street presence. Currently, the entire building is vacant and available for lease. The space is configured as two suites

    Property Features for 502 Broad St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,961 SF
    Total Rate
    10363.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,511 SF
    Rate per SF
    $45
    Space
    Retail Space
    Size
    1,450 SF
    Rate per SF
    $45

    HighLights

    • High‑traffic street visibility.
    • Excellent urban location with high density.
    • Pedestrian‑friendly, walkable neighborhood.
    • 59 parking spaces available.
    • B‑1 zoning designation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ANDY MOORE Family Practice Physician Hair & Nail Boutique Nail Salon Main Entry on Lee ... Condominium Complex Broadway of Falls Church Condominium Complex Patient First Primary ... Urgent Care Center

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Falls Church
    State
    Virginia
    Longitude
    -77.178101
    Latitude
    38.887262

    Nearby Similar for Lease

    • $8,450 /Mo

      Retail Space on Leesburg Pike

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      1,307 SF

      Renovated Office Space For Lease

      Fully furnished office spaces with shared amenities, near Metro and Route 66.
      252 Washington St N, Falls Church, VA 22046
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    • $4,020 /Mo

      Falls Church Office Suite

      Office suite with multiple offices, coffee bars, and restroom.
      200 Little Falls St, Falls Church, VA 22046
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    • $15,000 /Mo
      20,038 SF

      Falls Church Office Building Lease

      Prime office building in the heart of downtown Falls Church.
      210 Little Falls St, Falls Church, VA 22046
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    • $2,800 /Mo

      Bright Office Space Available

      Large, bright office space in a convenient Falls Church location.
      5985 Columbia Pike, Falls Church, VA 22041
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    • $900 /Mo
      23,087 SF

      Office Space in Falls Church

      Office space for lease in Falls Church, Virginia.
      210 Broad St E, Falls Church, VA 22046
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime location, 2,961 sq ft available.
    Where is this neighborhood center located?
    The property is located at 502 Broad St Falls Church, VA.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: High-traffic street visibility.; Excellent urban location with high density.; Pedestrian-friendly, walkable neighborhood.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Broad St Falls Church, VA 22046
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