Property Details

United Bank

Dulles, VA
Property ID: 8553

Financial Summary

Asking Price $3,571,428
Cap Rate 6.30%
Net Operating Income (NOI) $225,000
Lease Type Ground Lease
Lease Term Remaining 9 Years

Offering Memorandum

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Contact

Jeff Bogart
Director
703.596.5602

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Highlights

  • Part of the Dulles 606 - a 99,000 SF retail center, strategically located in the Dulles Loop between Route 50 and Route 28 on Route 606 (Old Ox Road 26,000 VPD pass the site)
  • Current expansion of Route 606 from two lanes to 8 lanes
  • 2 miles from Dulles Metrorail “Silver Line” currently under construction, completion expected less than 2 years
  • Average HH income of $237,325 within 1-mile radius with population of over 152K within 5 miles

Location

23510 Overland Dr
Dulles, VA

Traci BidingerUnited Bank