Technical
Financial
Distress signals
Property profile

603 W Broad St Falls Church, VA 22046

FOR LEASE
Banks
Property ID
US87-1210138
5,640 SF 0.41 ac lot Built 1979
Entity Owned Free & Clear
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603 W Broad St, Falls Church, VA 22046 For Lease
Contact for pricing 889 SF available
603 W Broad St, Falls Church, VA 22046
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Property summary

AI-generated overview

This exceptional 889-square-foot retail space is ideally situated at 603 W Broad Street in the vibrant Falls Church, VA (22046) submarket. Located in a former bank building currently undergoing a facade renovation, this property offers a high-visibility corner location with significant street frontage. The space is perfect for a variety of retail uses and boasts a unique opportunity for large outdoor seating, capitalizing on the bustling pedestrian traffic of this desirable area. The property is offered as a single, available unit within a multi-tenant building. Eighteen shared surface parking spaces are available for customer and tenant use, ensuring convenient access for patrons. This prime location in the heart of Falls Church provides excellent exposure and accessibility, making it an ideal opportunity for businesses seeking a thriving retail environment. The building's renovation enhances its curb appeal and modernizes its appearance, creating a welcoming atmosphere for customers. This space presents a rare chance to establish a presence in a highly sought-after Falls Church commercial corridor. Inquire today to learn more about this exceptional retail leasing opportunity.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1979
Construction TYPE NOT SPECIFIED
Total area 5,640 SF
Lot 0.41 ac (17,934 SF)
Zoning code B-1 LTD.BUS
APN 52-302-248
UPID US87-1210138

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
  • Bank Loan Service
  • Medical Clinic
  • Specialty Food Shop (Bike/Boat/Book/etc) Store

Location

603 W Broad St Falls Church, VA 22046
Falls Church metro Census 500200 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.96M

Owner & transaction history

since 2026
Last sale
$3.9M
4 recorded transactions
2026
$4.2M
2026
Price N/A
2023
$3.9M
2021
$2.0M

Zoning & alternative use

B-1 LTD.BUS · Falls Church, VA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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