Chase Anchored a Multi-Tenant Office Building with mixed-use approval to develop an additional 5-story building of 11,466 ft retail and 48 apartments. This is not a cap rate play but ideal for developers looking to build retail and multi-family apartments. https://tinyurl.com/1600E-chase-tower https://tinyurl.com/ChaseFinancials Nestled in the vibrant Prime Junction area within Arlington’s designated International Corridor, this Chase-anchored multi-tenant office building boasts 82,000 square feet of premium office space spread over five stories. Situated on a generous 5.39-acre lot, this property is listed below building cost at just $9 million. This strategic location falls within an Opportunity Zone, offering substantial tax savings to investors. Additionally, the property is approved for mixed-use development, including an additional 5-story building that can accommodate 11,466 square feet of retail space and 48 residential apartments—perfect for expanding your portfolio with a diverse range of tenant types. Another notable feature is the $645,000 Letter of Intent to purchase the existing cell tower lease, which can be credited during the closing process, providing additional financial leverage. Don't miss this exceptional investment opportunity in a high-demand area. Contact us today to schedule a viewing or for more information. Property Highlights: Size: 82,000 square feet, 5 stories Lot Size: 5.39 Acres Listing Price: $9M (Below Building Cost) Location: Prime Junction, Designated International Corridor by Arlington Opportunity Zone: Significant Tax Savings!! Mixed-Use Approval: Additional 5-story building with 11,466 square feet of retail space and 48 apartments Special Features: Cell Tower Lease: $645K Letter of Intent to purchase lease can be credited during closing