319 Mill St NE Vienna, VA 22180

This exceptional investment opportunity presents a 22,640-square-foot Class B industrial flex/warehouse property located at 319 Mill Street NE, Vienna, VA 22180. Boasting a 6.06% cap rate and a stabilized NOI of $514,895, this multi-tenant property offers significant returns. The building, constructed in 1995, sits on a 19,824-square-foot lot and features 4 loading docks, 4 dock-high doors, and an impressive 18-foot ceiling height. Ample parking is provided with 39 spaces. Currently 100% occupied since October 24, 2023, the property benefits from a strong tenant base with leases structured as NNN (Net, Net, Net), ensuring minimal landlord responsibilities. Leases include 3 or 4% annual rent bumps, providing consistent income growth. The property is zoned CM (Town of Vienna) and enjoys a prime location in Northern Virginia, conveniently situated near major roadways including I-495, I-66, and Route 123, providing easy access to the Tysons Corner business and retail market. The asking price is $8,500,000, translating to a price per square foot of $375.44. The ownership structure is a Limited Liability Corporation. Lease options include five-year terms. A minimum tenant improvement (TI) package is offered upon lease execution. This property represents a rare opportunity to acquire a high-performing industrial asset in a highly desirable location.