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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5515 Langston Blvd Arlington, VA 22207

2,620 SF Built 1973
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a thriving Starbucks located at 5515 Langston Blvd, Arlington, VA 22207. The 2,620 square foot building, renovated in 2020, sits on a substantial 34,987 square foot lot (.803 acres) and boasts a highly successful drive-thru. Currently operating under a Net Lease (NNN) agreement with a credit-rated, corporate-guaranteed tenant, this property offers a secure and stable income stream. The lease has six years remaining with four five-year options, ensuring long-term cash flow. The property's C-1 zoning permits future redevelopment potential, offering significant upside for a savvy investor. With 34 parking spaces and a prime location in an affluent Arlington neighborhood, this asset is poised for continued success. The asking price is $5,200,000, translating to a price per square foot of $1,984.73. Built in 1973, this property offers a blend of established performance and future development possibilities. The substantial lot size presents a unique opportunity for future mixed-use development, potentially up to 244,909 square feet (7 stories), subject to all necessary approvals. Rent bumps are included in the lease agreement. This is a rare chance to acquire a high-performing, single-tenant Starbucks in a highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1973
Total area 2,620 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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