Find your home.

2616 Sherwood Hall Lane, Unit 203 & 204Alexandria, VA 22306MLS Number VAFX2119978

  • Sale Price: $750,000
  • 363 Days Since Sale
$
$
%
$/month over payments
Federal 30-year interest rate: 6.99% last updated on Jun 6, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Sold
2616 Sherwood Hall Lane Alexandria VA 22306
QR Code
  • 1976Year Built
  • 389Price Per Square Foot
  • 2023Assessment Year
  • AnnuallyCity Town Tax Payment Frequency
Long-term, income-producing investment opportunity of a medical suite occupied by a successful gastroenterology practice with 20+ year history! The suite offers a modern and professional layout with a reception desk, waiting area, four exam rooms, nurses' station, procedure room, open recovery area, break room, scheduling/IT room, and two restrooms. There is a corner, windowed office for physicians/providers. The property is two connected condos (#203 and #204, total 1,993 SF together) and occupies one corner of the second floor in a well-maintained low-rise medical/dental office building in Alexandria. The building offers amenities such as a glass-door entrance and upscale lobby, elevators, restrooms, and a large parking lot. Other medical tenants in the same building include urology, dermatology, physical therapy, women's health, chiropractic, oral surgery, psychiatry, a pharmacy, primary care, and pediatrics, among others. This medical office building is in a high-traffic area of Hybla Valley, Alexandria with excellent visibility near the INOVA Mt. Vernon Hospital. Immediate income is provided by the current, long-term Triple Net lease with a stable, nationally recognized medical practice. Current rent of $4,718 will adjust to $4,860 on 5/1/23. Priced to sell at 7.5% cap rate. The current lease expires 4/30/29 with an option to extend for 10 more years. Sale offering is for both suites, 203 and 204, only. Sale is of real property only and subject to the existing leasehold interest. Tax values and tax assessments shown are #203 and #204 added together.
Listed by Stephen M Karbelk, CENTURY 21 Commercial New Millennium

Listing Sold by Coldwell Banker Elite

Driving Directions

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

More Info

Location Information

  • UsmAreaAlexandria

Parking

  • Parking FeaturesPaved Parking, Surface, Unassigned
  • Parking TypesParking Lot

Basic Information

  • Date Listed04/05/2023

Location

  • Address2616 Sherwood Hall Lane
  • Building Number2616
  • CountyFairfax
  • Cross StreetSherwood Hall Ln and Parkers Ln
  • DirectionsFrom Route 1 in the Hybla Valley area of Alexandria, turn onto Sherwood Hall Ln to medical office building 2616 on left, across from Mt. Vernon Fire Station.
  • StateVA
  • SubdivisionSherwood Hall Med Cent
  • TownAlexandria
  • Zip22306

Amenities

  • Accessibility AmenitiesElevator

Other

  • BuyerfinancingConventional
  • Cap Rate7
  • View Count12

Basic Information

  • Broker NameCENTURY 21 Commercial New Millennium
  • List Price$775,000
  • MLS NumberVAFX2119978
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot389
  • Sale Date06/16/2023
  • Sale Price$750,000
  • StatusSLD
  • Unit Number203 & 204

Property

  • Business TypeMedical, Other/General Retail, Professional
  • Lot DescriptionBacks to Trees
  • New Construction YNN
  • Property SubTypeOffice
  • Zoning496

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemForced Air
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Tax Information

  • Assessment Year2023
  • City Town Tax Payment FrequencyAnnually
  • County Tax$4,645
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$418,530
  • Tax Year2023
  • Taxes$5,309
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total1993
  • Construction MaterialsConcrete, Glass
  • Elevators2
  • Stories3
  • Total Garage And Parking Spaces14
  • Total Restrooms2
  • Year Built1976

Ask A Question

Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Copyright 2024 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 June 13, 2024. 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.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Your Dream Home is Waiting for You

Scroll Through to See More Listings Swipe to view more

We Work in All Price Points and Property Types - Contact Us Directly to Find Off-Market Opportunities

The Team That
Can Find You Your Dream Home

We Take Pride in Our Passionate and Dedicated Team That Adds Value and Focus to Every Transaction.

Meet The Team