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5218 Rolling Road, Unit 14Burke, VA 22015MLS Number VAFX2114954

  • Price: $470,000
  • 32 Days on Market
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Federal 30-year interest rate: 6.32% last updated on Mar 23, 2023
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5218 Rolling Road Burke VA 220155218 Rolling Road Burke VA 220155218 Rolling Road Burke VA 22015
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  • 1978Year Built
  • BurkeUsmArea
  • 414Price Per Square Foot
  • 14Unit Number
***Shown Only by Appointment*** Hair salon property (real estate only), leased to a well established tenant (29 years) w/ many repeat long term clients (15-20 years). Excellent new lease expiring Dec. 31, 2027, with 2% annual increases and a 6% cap rate. Tenant is responsible for real estate taxes, half the condo fee ($1,075 quarterly divided by 2= $537.50), and regular interior maintenance (HVAC is one year old). The condo association maintains the exterior of the unit, including, roof and parking lot. Lease details available upon Letter of Intent or Contract. His and hers restrooms, as well as 2 water heaters, supplying hot water for the 7-9 beauticians. Great location in the middle of Burke/Springfield, and minutes from I-495 (1.7 miles). First floor accessibility, and main road frontage (Rolling Road).
Listed by Saul Corral, Fairfax Realty of Tysons

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Yeonas & Shafran Real Estate, LLC

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Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

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Location Information

  • UsmAreaBurke

Parking

  • Assigned Parking Spaces
  • Parking TypesParking Lot

Basic Information

  • Date Listed02/28/2023

Location

  • Address5218 Rolling Road
  • Building Number5218
  • CountyFairfax
  • DirectionsFrom I-495: West on Braddock Rd. (VA 620) for 1.7 miles, left on Rolling Rd. (VA 638 N.), right onto Fern Park Dr. to 5218 Rolling Rd. Unit #14. Shown by App. Only
  • In City Limits YNYes
  • StateVA
  • TownBurke
  • Zip22015

Utilities

  • Central Air YNYes
  • CoolingCentral A/C, Heat Pump(s)
  • Cooling FuelElectric
  • Heat SystemCentral, Heat Pump(s)
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Septic, Public Sewer
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NameFairfax Realty of Tysons
  • List Price$470,000
  • MLS NumberVAFX2114954
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot414
  • StatusACT
  • Unit Number14

Building

  • Building Area SourceEstimated
  • Building Area Total1134
  • Construction MaterialsBrick, Block, Concrete
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces10
  • Total Restrooms2
  • Year Built1978

Legal

  • Landusecode425
  • PossessionSettlement
  • Sale TypeStandard

Tax Information

  • Assessment Year2023
  • County Tax3525
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount317520
  • Tax Year2023
  • Taxes$4,028
  • Total Taxes Payment FrequencyAnnually

Property

  • Business TypeHair Salon and Spa
  • Property ConditionVery Good
  • Property SubTypeRetail
  • Zoning420

Interior

  • FlooringCeramic Tile, Carpet

Exterior

  • RoofAsbestos Shingle

Amenities

  • Accessibility AmenitiesLevel Entry - Main, No Stairs

Other

  • Cap Rate6
  • ExclusionsThe Hair Salon Business is excluded. The sale includes only the real estate.
  • Other EquipmentNone
  • View Count1

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Copyright 2023 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated April 1, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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