9912 Georgetown Pike Great Falls, VA 22066
- Office Properties & Spaces
- 2,200 SF
Current Use by Public Records
- BluOcean Digital / Computer Security Service
- Polished Concreto and Concreto Polishing Solution / Metal Polishing Service
- Rickita Ricki Robinson- Weichert Realtors / Real Estate Agent
- Sheffield Furniture & Interiors / Furniture Store
- FedEx Drop Box / Mailing Service
Property Details for 9912 Georgetown Pike
- Property size
- 2,200 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 2,200 square foot Class B medical office condo is situated at 9912 Georgetown Pike in Great Falls, Virginia, 22066. Boasting a prominent location at the main intersection of Great Falls Village, this property offers unparalleled visibility on Georgetown Pike, within a high-income demographic area. The fully renovated space includes nine private offices, two bathrooms, a kitchenette, and a conference room, making it ideal for a variety of medical or office uses. Ample parking is provided with 74 surface spaces. Currently occupied by several short-term tenants, the property can be delivered vacant upon closing. The asking price is $759,000, representing a price per square foot of $345 and a 6.00% cap rate. The gross lease is for a single unit, with the current lease expiring on December 31, 2023, resulting in a zero-year remaining lease term and a current occupancy of 25%. This presents a unique opportunity for an investor or owner-occupier seeking a well-located, versatile medical office space in a thriving community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Great Falls
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.2901
- Latitude
- 38.9986