1776 OLD MEADOW RD Mclean, VA 22102
UPDATED:
02/11/2025 11:54 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,421 sqft
Price per Sqft $830
MLS Listing ID VAFX2216804
Originating Board BRIGHT
Year Built 1974
Annual Tax Amount $29,010
Tax Year 2024
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Other
Property Description
Unlock the potential of this single-story, 5,421 SQFT building located in the heart of Tysons Corner—a rapidly developing hub for commercial and residential growth. Positioned on a prominent 0.65-acre corner lot, this property boasts unmatched visibility and access.
This is more than just a secure investment; it's an opportunity to capitalize on the growing value of the surrounding neighborhood, which is seeing significant high-rise and infrastructure development.
Key Investment Highlights:
• Strategic Location:
-Situated in the heart of Tysons, VA, and McLean, VA. Immediate access to I-495, Route 123, and Route 267 connects you to the heart of the DMV area.
-Walking distance to the Metro, Tysons Corner Center, and numerous other amenities.
-Surrounded by Class-A developments, enhancing business value and long-term appreciation potential.
• Reliable Revenue: Long-term tenant since 2008 with lease secured until 2033 and a steady 3% annual rent escalation.
• Development Potential: Situated in a high-growth area, the property offers immense value appreciation potential as Tysons Corner continues its transformation.
• Ample Parking: 23 surface spaces provide convenience and accessibility for tenants and visitors alike.
• Corner Lot Advantage: Enhances visibility and maximizes future development possibilities.
• Tax District: 7TADE (PROVIDENCE DULLES EAST TRANS TYSONS)
Whether you're seeking stable cash flow or envisioning future redevelopment, this property is a rare gem in one of Northern Virginia's most dynamic markets. Don't miss the chance to secure a strategic asset with both immediate returns and long-term potential.
Location
State VA
County Fairfax
Zoning 540
Interior
Hot Water Electric
Heating Forced Air
Cooling Other, Central A/C
Heat Source Electric
Exterior
Garage Spaces 23.0
Water Access N
Accessibility 2+ Access Exits, Level Entry - Main, Other
Total Parking Spaces 23
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Fairfax County Public Schools
Others
Tax ID 0294 06 0094B
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://www.canva.com/design/DAGbc-c1KUc/XKfqdiLOlb4iKWTxuylsnQ/view?utm_content=DAGbc-c1KUc&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=he0e09fd988
