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Grovedale Executive Office Park - Building B 6408 Grovedale Dr 17,850 sq ft 100% Let Office Property Franconia, VA 22310 £4,544,282 (£254.58/sq ft) 7% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 17,850 SF building with 9 units
- Zoned C-2 for versatile usage
- High visibility and accessibility for businesses
- Modern appeal, built in 2002
- 100% occupancy, reflecting strong tenant demand
- Can be sold with 6400 Grovedale Dr.
EXECUTIVE SUMMARY
Introducing an exceptional opportunity for office building investors: 6408 Grovedale Drive. This impressive property boasts a 17,850 SF building, designed with modern appeal and featuring 9 units. Built in 2002 and zoned C-2 for versatile usage, it offers a stunning 100% occupancy rate, reflecting strong tenant demand. The property's well-maintained exterior, ample parking, and high visibility make it an attractive option for businesses seeking a prime location in the Washington DC Metro area. With modern amenities, potential for expansion, and a strong track record for sustained returns, this property is an ideal choice for savvy investors seeking a lucrative opportunity.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£423,024
|
£23.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£423,024
|
£23.70
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£104,999
|
£5.88
|
| Net Operating Income |
£318,025
|
£17.82
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £423,024 |
| Annual Per sq ft | £23.70 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £423,024 |
| Annual Per sq ft | £23.70 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | £104,999 |
| Annual Per sq ft | £5.88 |
| Net Operating Income | |
|---|---|
| Annual | £318,025 |
| Annual Per sq ft | £17.82 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
17,850 sq ft
Costar Property Class
B
Year Built
2002
Price
£4,544,282
Price per sq ft
£254.58
Yield
7%
NOI
£318,025
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,925 sq ft
Floor To Floor Height
9 ft
Plot ratio
0.35
Total Plot Size
1.18 ac
Use Class
C-2
Parking
50 Spaces (2.8 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Bus Route
- Controlled Access
- Property Manager on Site
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- D C Region Real Estate
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Dominick J Pisciotta D D S LTD
- Health Care and Social Assistance
- -
- -
- -
- -
- Donald Brasher & Carmen Carter-Howell
- Public Administration
- -
- -
- -
- -
- Gbi Brooke Drive LLC
- Retailer
- -
- -
- -
- -
-
- Educational Services
- -
- -
- -
- -
Since 1977, Huntington Learning Center has provided proven tutoring and test prep programs. They have empowered countless students to build confidence, achieve their goals, and excel academically. Their certified tutors, experienced in all academic subjects, are dedicated to helping students reach their fullest potential.
- Pb & J Kingstowne LLC
- Real Estate
- -
- -
- -
- -
- Sherileecronin Real Estate + Design
- Real Estate
- -
- -
- -
- -
- Sunshine Physical Therapy
- Health Care and Social Assistance
- -
- £17.20
- Full Service
- Jul 2011
- Susan Scheiffley & Co Homes
- Construction
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| D C Region Real Estate | Professional, Scientific, and Technical Services | - | - | - | - | |
| Dominick J Pisciotta D D S LTD | Health Care and Social Assistance | - | - | - | - | |
| Donald Brasher & Carmen Carter-Howell | Public Administration | - | - | - | - | |
| Gbi Brooke Drive LLC | Retailer | - | - | - | - | |
|
|
Educational Services | - | - | - | - | |
| Pb & J Kingstowne LLC | Real Estate | - | - | - | - | |
| Sherileecronin Real Estate + Design | Real Estate | - | - | - | - | |
| Sunshine Physical Therapy | Health Care and Social Assistance | - | £17.20 | Full Service | Jul 2011 | |
| Susan Scheiffley & Co Homes | Construction | - | - | - | - |
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PROPERTY TAXES
| Parcel Number | 0911-30-0002 | Improvements Assessment | £1,010,357 (2025) |
| Land Assessment | £997,004 (2025) | Total Assessment | £2,007,361 (2025) |
PROPERTY TAXES
Parcel Number
0911-30-0002
Land Assessment
£997,004 (2025)
Improvements Assessment
£1,010,357 (2025)
Total Assessment
£2,007,361 (2025)
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Grovedale Executive Office Park - Building B | 6408 Grovedale Dr
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