6760 Old Mclean Vlg Dre1 Mc Lean, VA 22101-3906
- Office Properties & Spaces
Current Use by Public Records
- Dr. Zafar A. Rasheed M.D / Psychiatrist
- Walsh Jr Thomas E MD / Psychiatrist
- Licamele William L MD / Psychiatrist
- Steg John MD / Psychiatrist
- your healthy mind solutions / Consultant
Property Details for 6760 Old Mclean Vlg Dre1
- Year built
- 1980
- Construction
- CONCRETE BLOCKS
- Zone code
- C-6(COMMUNITY RETAIL)
- Property type
- Office Properties & Spaces
- APN
- 030-2-36-E1
- APU
- 030236E1
Description
This exceptional 2,496 square foot office condo in McLean, VA, presents a lucrative investment opportunity. Located at 6760 Old Mclean Village Drive Unit E1, this property boasts a prime downtown location, just blocks from Route 123, a major thoroughfare with a high volume of daily traffic (52,000 vehicles). Currently fully leased, generating an annual rent roll of $75,000, this two-story building offers significant income potential. The second floor features a 3-year lease (commencing December 1, 2024) at $2,900 per month, increasing to $3,000 in the third year. The first floor houses two separately leased offices, currently rented below market value at $1,800 and $1,500 per month, respectively, occupied by medical professionals. Each floor is thoughtfully designed with dual professional office suites, each including a private bathroom and waiting area. A large, freshly painted second-floor porch provides stunning panoramic views of McLean and serves as an ideal break area. The property's C-6 zoning allows for a variety of uses, making it suitable for medical, legal, accounting, technology, real estate, or title companies, among others. The ground floor front office is available for lease for the first time in years. The building's location within one of Northern Virginia's most desirable suburbs ensures strong tenant demand. With the potential to significantly increase the capitalization rate to 8% by raising first-floor rents to market value, this property represents a compelling investment opportunity for both end-users and investors. Office sharing options are also available.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mc Lean
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.1765
- Latitude
- 38.9375
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
