44795 Dulles Overlook Dr - Storefront Retail/Residential FOR SALE


Ashburn, VA 20147
$10,484,000 USD
202-552-0092
44795 Dulles Overlook Dr, Ashburn, VA for Sale
$10,484,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 5.75% Cap Rate

44795 Dulles Overlook Dr
Ashburn, VA 20147


HIGHLIGHTS

  • Ideal, management-free investment for an out-of-state, passive investor
  • Less than 3.5 miles from Dulles Town Center, a 1.38M SF super-regional mall featuring tenants such as Macy’s, Regal, DICK’S, LA Fitness, and more
  • Loudoun County, the wealthiest county in the nation, boasts a population of over 474,962 & a five-year projected growth of 7.80%

OVERVIEW

• Opportunity to acquire Flagship Commons, a 5-tenant strip offering in Ashburn, VA • The offering features a notable tenant lineup: Five Guys, Big Screen Store, Club Champion and Dunkin’ drive-thru • The leases features scheduled rental increases during the initial term and during option periods, generating NOI and providing a hedge against inflation • 2022 construction featuring high quality materials, distinct design elements, and high-level finishes • Tenant pays for CAM, taxes, insurance and maintains most aspects of the premises • Investor benefits from fee simple ownership of the building and land • Landlord responsibilities limited to roof and structure • Ideal, management-free investment for an out-of-state, passive investor • The asset is located directly off Leesburg Pike/State Highway 7 (134,000 VPD), providing users with the ease and convenience of direct on/off ramp access to the site • Across from One Loudoun, a lifestyle mixed-use community that brings a diverse collection of shops, restaurants, corporate offices, entertainment and expertly crafted new homes right to the heart of Loudoun County • The 20-acre development boasts over 365,000 SF of retail space and features major tenants such as Trader Joe’s, SEPHORA, Starbucks, Barnes & Noble, Lululemon, and more • One Loudoun ranks in the top 68% of all lifestyle centers nationwide and in the top 73% of all VA lifestyle centers • Less than 3.5 miles from Dulles Town Center, a 1.38M SF super-regional mall featuring tenants such as Macy’s, Regal, DICK’S, LA Fitness, and more • More than 194,800 residents and 93,000 employees support the trade area • $201,903 average household income within 1-mile radius • 32 miles from Washington D.C. • Loudoun County, the wealthiest county in the nation, boasts a population of over 474,962 & a five-year projected growth of 7.80%

FOR SALE DETAILS

PRICE

$10,484,000 USD

PRICE/SF

$787 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flagship Commons at One Loudoun - Ashburn, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.96 AC

LAND SF

128,938 SF

ZONING

PDCCSC

APN/PARCEL ID

057-10-9694

ASK ABOUT THIS PROPERTY

Philip WelldeSRS Real Estate PartnersMore Info
202-552-0092

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Philip WelldeSRS Real Estate PartnersMore Info
202-552-0092

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.