Log In/Sign up
Your email has been sent.
Grovedale Executive Office Park - Building A 6400 Grovedale Dr 18,491 sq ft 100% Let Office Property Franconia, VA 22310 £4,114,165 (£222.50/sq ft) 7.38% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Stable Income Asset: Located in a dense Alexandria submarket with long-term demand for service-based uses, supporting consistent performance.
- Strong Lease Durability: Renewal options and long-term tenancy contribute to predictable cash flow and overall stability.
- High-Density, Accessible Location: Proximity to major transportation corridors enhances tenant desirability and long-term viability.
- Established Tenant Base: Anchored by The New Story School and Crescent Counseling, both providing essential educational and behavioral-health services
- Flexible C-2 Zoning: Broad commercial and institutional uses allowed, keeping the property attractive to a wide range of operators.
- Low-Volatility Investment: 100% occupancy and a 7.38% cap rate create a reliable, resilient investment profile in Northern Virginia.
EXECUTIVE SUMMARY
6400 Grovedale Drive is a stable, income-producing asset in a dense and highly sought-after pocket of Alexandria. The property is anchored by two strong, mission-driven tenants—The New Story School and Crescent Counseling—both delivering essential educational and behavioral-health services with steady demand and long-term relevance in the market. Their presence contributes to consistent occupancy and reliable cash flow.
The site is zoned C-2, allowing a wide range of commercial, institutional, and service-oriented uses that continue to draw operators seeking accessible, well-located space. This zoning flexibility, paired with the area’s strong population density, supports ongoing tenant stability and low vacancy risk.
For investors seeking dependable returns and alignment with growing service-based industries, 6400 Grovedale Drive offers a compelling, low-volatility opportunity in one of Northern Virginia’s most resilient submarkets.
The site is zoned C-2, allowing a wide range of commercial, institutional, and service-oriented uses that continue to draw operators seeking accessible, well-located space. This zoning flexibility, paired with the area’s strong population density, supports ongoing tenant stability and low vacancy risk.
For investors seeking dependable returns and alignment with growing service-based industries, 6400 Grovedale Drive offers a compelling, low-volatility opportunity in one of Northern Virginia’s most resilient submarkets.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£371,095
|
£20.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£371,095
|
£20.07
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£98,823
|
£5.34
|
| Net Operating Income |
£272,272
|
£14.72
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £371,095 |
| Annual Per sq ft | £20.07 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £371,095 |
| Annual Per sq ft | £20.07 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | £98,823 |
| Annual Per sq ft | £5.34 |
| Net Operating Income | |
|---|---|
| Annual | £272,272 |
| Annual Per sq ft | £14.72 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
18,491 sq ft
Costar Property Class
B
Year Built
2001
Price
£4,114,165
Price per sq ft
£222.50
Yield
7.38%
NOI
£303,477
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
9,246 sq ft
Floor To Floor Height
9 ft
Plot ratio
0.27
Total Plot Size
1.60 ac
Use Class
C-2
Parking
50 Spaces (2.7 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Bus Route
- Controlled Access
- Property Manager on Site
- Signage
- Kitchen
- Lift Access
- Natural Light
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- Full Service
- Oct 2029
The Center for Autism and Related Disorders (CARD®) leads the world in the effective treatment of autism, guided by science and inspired by compassion, to help people with autism and their families thrive. CARD® was founded on the principle that early intervention using applied behavior analysis treatment can yield outstanding clinical results for individuals with autism. CARD has trained thousands of technicians and behavior analysts on this methodology and has successfully treated tens of thousands of individuals, with many achieving optimal outcomes and leading successful, independent lives.
- Dignity-care Home Health Services
- Health Care and Social Assistance
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | - | - | Full Service | Oct 2029 | |
| Dignity-care Home Health Services | Health Care and Social Assistance | - | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0813-05-A1 | Improvements Assessment | £719,276 (2025) |
| Land Assessment | £1,352,117 (2025) | Total Assessment | £2,071,392 (2025) |
PROPERTY TAXES
Parcel Number
0813-05-A1
Land Assessment
£1,352,117 (2025)
Improvements Assessment
£719,276 (2025)
Total Assessment
£2,071,392 (2025)
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Grovedale Executive Office Park - Building A | 6400 Grovedale Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.