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    FOR LEASE
    Retail space

    203 Harrison St SE, Leesburg, VA 20175

    48,999 SF 1.9 ac lot Built 1983
    Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US87-3446511
    Property summary
    AI-generated overview

    Market Station offers exceptional executive office space for lease in the heart of Downtown Leesburg, Loudoun County. This highly sought-after location boasts 5,233 total square feet, with 3,148 square feet currently vacant and divisible into units ranging from 943 to 2,205 contiguous square feet. The building is situated within a HUBZone, providing potential access to federal contracting benefits. Its prime location directly across from the Government Center and just one block from the County Courthouse ensures high visibility and convenient access to government services. The property benefits from its proximity to the popular Tuscarora Mill, offering a variety of nearby deli and restaurant options for tenants and their clients. On-site amenities include ample parking, on-site management, and signage opportunities, enhancing the overall tenant experience. The unique office layouts provide flexibility for various business needs and sizes. Multiple tenancy options are available, making this an ideal location for businesses of all sizes seeking a prestigious and convenient address in Loudoun County. The building's strategic location and attractive features make it a compelling opportunity for businesses seeking a thriving and accessible location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1983
    Construction FRAME
    Total area 48,999 SF
    Lot 1.9 ac (82,764 SF)
    Zoning code LB:B1
    APN 231-28-7688-000
    UPID US87-3446511
    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
    • South Street Under Restaurant
    • Echo Origin LLC Marketing & Advertising (Bike/Boat/Book/etc) Store
    • Tuscarora Mill Restaurant Restaurant
    • Designer Goldsmith (Bike/Boat/Book/etc) Store
    • Gvino Enoteca Specialty Food Shop Wine and Liquor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $12.84M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $11.62M
    Owner & transaction history
    Market Station LLC
    Market Station LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    LB:B1 · Leesburg, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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