6716 Whittier Ave Mclean, VA 22101

Property Details for 6716 Whittier Ave

Year built

1981

Construction

CONCRETE BLOCKS

Lot size

0.02 lot acres

Property size

1,928 SF

Zone code

C-8(HIGHWAY COMMERCIAL)

Property type

Office buildings

APN

030-2-37-0001

APU

302370001

Description

This exceptional mixed-use property at 6716 Whittier Avenue in McLean, Virginia presents a compelling investment opportunity. Boasting a total area of 2,200 square feet, this building benefits from a highly desirable corner location, ensuring maximum visibility and accessibility. The strategic positioning allows for strong tenant attraction and retention, a key factor in maximizing return on investment. The property features dual access points, enhancing convenience for both occupants and customers. Financially, this property demonstrates significant potential. Annual rental income is projected at $120,000, offset by annual expenses totaling $12,360. This includes a yearly HOA fee of $1,560 and property taxes of $10,800. This results in a substantial net operating income (NOI) of $107,640 per year. The building's prime location and strong financial performance make it an attractive prospect for investors seeking a stable and profitable addition to their portfolio. This is a rare opportunity to acquire a well-situated mixed-use property in the thriving McLean market. The combination of high visibility, dual access, and strong financial projections makes this an exceptional investment opportunity.

Location Insight

City

Mc Lean

County

Fairfax

State

Virginia

Longitude

-77.1757

Latitude

38.9319

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments