Technical
Financial
Distress signals
Property profile

23520 Overland Dr Sterling, VA 20166

OFF-MARKET
Super regional malls
Property ID
US87-3475713
57,637 SF 4.32 ac lot Built 2006
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 23520 Overland Dr, Sterling, VA 20166, offers 17,230 square feet of vacant space available for lease. Situated in the Dulles Market Square, this location provides excellent visibility and accessibility. The property is zoned PDCC-CC, allowing for a variety of retail uses. Multiple tenancy options are available, with spaces ranging from a minimum of 2,047 square feet to a maximum contiguous space of 5,105 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable retail space in a thriving market. The property's strategic location in Dulles, Virginia, ensures high foot traffic and convenient access for customers. The total building size is 17,230 square feet, providing ample space for a variety of retail concepts. This is an ideal opportunity for businesses looking to establish a strong presence in a high-growth area. The entire space is currently vacant, offering a blank canvas for a new tenant to customize and develop. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is easily accessible and well-suited for both local and regional clientele. This is a rare opportunity to secure a significant retail presence in a prime location within the Dulles corridor.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 57,637 SF
Lot 4.32 ac (188,179 SF)
Zoning code PDCCCC
APN 124-40-2393-000
UPID US87-3475713

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant
  • (Bike/Boat/Book/etc) Store Grocery & Convenience Store
  • Veterinary Clinic

Location

23520 Overland Dr Sterling, VA 20166-2196
Sterling metro Census 611901 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2014
2 recorded transactions
2014
$8.3M
2007
Price N/A

Zoning & alternative use

PDCCCC · Sterling, VA
Top alternative use upside
Retail stores $1.9M +15.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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