5949 Oakdale Rd McLean, VA 22101
- Medical space
- 6,194 SF
- 0.62 lot acres
Current Use by Public Records
- Center for Discovery - McLean / Mental Health Service / Eating Disorder Treatment Center
Property Details for 5949 Oakdale Rd
- Year built
- 2001
- Lot size
- 0.62 lot acres
- Property size
- 6,194 SF
- Property type
- Medical space
- APN
- 031-10-0025-A
Description
This exceptional investment opportunity presents a 6,194 square foot Class A medical facility located at 5949 Oakdale Rd, McLean, VA 22101, in Fairfax County. The property, built in 2001 and situated on a 0.62-acre lot, is currently 100% occupied under an absolute NNN lease with a corporate guarantee from Behavioral Health Holdings II, Inc. The lease commenced on October 26, 2015, and has a remaining term of approximately 10 years, expiring October 31, 2034, with two 5-year renewal options. Annual rent increases are tied to the Consumer Price Index (CPI), providing inflation protection. The property features six bedrooms, 6.5 bathrooms, a four-car garage, a finished lower level, and a separate in-law apartment. The asking price is $3,931,000, representing a price per square foot of $634.65 and a 7.00% cap rate. The Net Operating Income (NOI) is $275,192. The facility operates as a 24-hour, all-female eating disorder treatment center in an affluent Washington, D.C. suburb, boasting an average household income exceeding $180,000 and a population of over 237,000 within a 5-mile radius. Major roadways including the Capital Beltway, George Washington Memorial Parkway, and Interstate 66 provide excellent accessibility. The property's inherent value as a luxury residential home further mitigates vacancy risk. This presents a compelling investment opportunity with strong tenant security and significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McLean
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.138856
- Latitude
- 38.9261436
