5515 Langston Blvd Arlington, VA 22207
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.