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Prime Retail Space in Falls Church
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402 W Broad St, Falls Church, VA 22046

Rare ground floor space in the heart of Falls Church.

Days on Market716

Property Features for 402 W Broad St

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2007
Listing Agency: Divaris Real Estate Inc DC Regional Office
Listed By: Joe Farina · License #MD 0225176488
Source: Crexi
Added: Aug 14, 2024 Changed: Jul 6 Last Checked: Jul 30 at 4:29AM

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 Divaris Real Estate Inc DC Regional Office

Investment Insights

Based on property information with market context.

This ground floor leasing opportunity is located in the heart of Falls Church City. The former bank space is situated in a 4-story mixed-use building prominently located on West Broad Street, which sees 26,000 vehicles per day. The building is considered architecturally significant, featuring an Art Nouveau-inspired brick façade and integrated public outdoor art installations. A rare drive-thru is included. The property offers pedestrian-friendly access, boasting a Walk Score of 93, which is considered a "Walker's Paradise". The location provides access to award-winning dining, boutique shopping, and cultural attractions in Downtown Falls Church, Virginia, near Washington, DC. Transportation options are abundant, with proximity to VA-7, US Route 29, I-66, I-495, VA-267, and the East Falls Church Metro Station. The property is suitable for banks and retail spaces.

Key Highlights

  • Prime location in the heart of Falls Church City on West Broad Street (26,000 VPD).
  • Rare drive‑thru feature.
  • Excellent walkability with a Walk Score of 93 ('Walker's Paradise').

Property Analytics

Current Use

PNC Mortgage Loan Service PNC ATM Atm PNC Bank Bank Burn Boot Camp Gym & Fitness Center Read Building Apartment Building

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Store & Service Garden Center Bed & Breakfast

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,986
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 26% Beauty & Spa 5% Hotels & Casinos 4%
Taco Bell Dining
21,432 visits/mo 0.5 miles
Starbucks Dining
11,230 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
9,832 visits/mo 0.2 miles
7-Eleven Shops & Services
7,524 visits/mo 0.5 miles
FedEx Office Print & Ship Center Shops & Services
7,326 visits/mo 0.2 miles

Demographics for 22046, VA

18,576
Population
7,303
Households
2.5
Avg Household Size
40
Median Age
76%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,880
Density / Sq Mi
$175,446
Median Household Income
$83,566
Median Earnings
$2,216
Median Rent
$963,600
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
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Frequently Asked Questions

What type of property is this?
Bank - Rare ground floor space in the heart of Falls Church.
Where is this bank located?
The property is located at 402 W Broad St Falls Church, VA.
What are key features of this property?
This property features: Prime location in the heart of Falls Church City on West Broad Street (26,000 VPD).; Rare drive‑thru feature.; Excellent walkability with a Walk Score of 93 ('Walker's Paradise').
(571) 455-7021 Call to check price and availability
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