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    402 Broad St Falls Church, VA 22046

    For Lease
    Contact for pricing

    Prime Location, 2,405 SF Available

    Lot size:
    32,637 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,405 square foot retail space, situated on the ground floor of a four-story mixed-use building at 402 W Broad St in Falls Church City, presents a rare leasing opportunity. The property boasts a highly visible street frontage on West Broad Street, a major thoroughfare with a daily traffic volume of 26,000 vehicles. This former bank space features a unique drive-thru, a significant advantage for many retail businesses. The building, constructed in 2007, is architecturally noteworthy, showcasing an Art Nouveau-inspired brick façade and integrated public art installations. The location offers unparalleled pedestrian access, boasting a Walk Score of 93 ("Walkers Paradise"), and is conveniently located beneath 26 residential apartment units, ensuring a built-in customer base. The property includes ample parking with 53 spaces, providing a generous 5/1,000 parking ratio for commercial users. Excellent signage opportunities further enhance the property's appeal. The 0.69-acre lot houses a total of 32,637 square feet of commercial space across one suite. This is a truly unique opportunity to establish a thriving business in a vibrant and highly accessible location.

    Property Features for 402 Broad St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,637 SF

    Building Details

    Year Built
    2007
    Stories
    4

    Unit(s) available at that property

    Space
    Floor 1
    Size
    2,405 SF

    HighLights

    • 2,405 SF ground floor retail space, former bank, with drive‑thru.
    • High‑visibility location on West Broad Street (26,000 VPD), excellent street frontage.
    • Ample parking: 53 spaces (5/1000 ratio).
    • Walk Score of 93 ("Walkers Paradise").
    • Located beneath 26 residential units.
    • Excellent signage opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PNC Mortgage Mortgage Lender PNC ATM Atm PNC Bank Bank Burn Boot Camp Gym Read Building Apartment Building

    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
    -77.1761697
    Latitude
    38.8859329

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    FAQs

    What type of property is this?
    Retail property - Prime Location, 2,405 SF Available
    Where is this retail property located?
    The property is located at 402 Broad St Falls Church, VA.
    What are key features of this property?
    This property features: 2,405 SF ground floor retail space, former bank, with drive-thru.; High-visibility location on West Broad Street (26,000 VPD), excellent street frontage.; Ample parking: 53 spaces (5/1000 ratio).
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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
    402 Broad St Falls Church, VA 22046
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