2300 Pershing Dr Arlington, VA 22201
- Commercial real estate
- 1,778 SF
Current Use by Public Records
- WAKALAT CO وكالات كو / Notary Public
- Eastern Carryout & Cafe / Fast Food Restaurant / Chinese Restaurant
- El Fuego Peruvian Kitchen / Peruvian Restaurant
- Dr dermatology / Doctor
- Virginia Relationship Center / Counselor / Psychologist
Property Details for 2300 Pershing Dr
- Year built
- 2004
- Property size
- 1,778 SF
- Zone code
- C-1
- Property type
- Commercial real estate
- APN
- 18-058-025
- APU
- 18058025
Description
This exceptional retail space, located at 2300 North Pershing Drive Unit 2B in Arlington, VA, presents a unique opportunity for businesses seeking a prime location. Completely remodeled in 2022, this property will be fully available March 1, 2025, although earlier availability may be negotiable. The space boasts a flexible layout, easily adaptable to various retail needs. Two convenient entrances provide access – one directly from North Pershing Drive and another from the ample parking lot. This is a significant advantage, offering free and abundant parking for both employees and customers, a rare find in this desirable area. The property's design allows for potential expansion by adding adjacent retail space. The unit is currently tenant-occupied, but will be ready for immediate occupancy upon lease commencement, requiring only minor cosmetic changes such as signage and paint. This turnkey solution minimizes upfront investment and allows for a quick start to operations. The property is classified as retail and is situated on a 0-acre lot. Interested parties should refer to MLS # VAAR2045946 for further details. This is an exceptional opportunity to establish a thriving business in a high-traffic, convenient location with unparalleled parking accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $595,000
- 6.5%
- $610,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $565,000
- Geo Method
- $640,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $685,000
- Mixed-Use
- $535,000
- Hospitality
- $640,000
- Educational
- $570,000
- Residential Income
- $600,000
- Energy
- $650,000
- Income-Based Land
- $520,000
- Food Service
- $565,000
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Arlington
- State
- Virginia
- Longitude
- -77.0862
- Latitude
- 38.8803
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
