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Retail Investment Offering
Exclusive
Listing By
Gamzeh Realty Group
(202) 361-3050
WWW.WDCCRE.COM
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Old Town Alexandria Investment
Property
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OFFERING
SUMMARY
1225 POWHATAN ST
ALEXANDRIA, VA 22314-1305
Gross SQ FT: ~ 7,800
Finished SQ FT: ~1600
Adv. Sub: Old Town
List Price: $1,069,000.00
Ownership: Fee Simple Ownership
NOI: $53,439.36 NNN
Cap Rate: 5%
Escalation: 3% Yearly
Lease Term: 3 years remaining
Option: 5 years
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Yr. Built: 1918
Parking: 10 spaces
Total Taxes: $7,135.84
Exterior Const: Brick
Hot Water: 60+ Gallon Tank
Electric Service: 120/240V
Heat System: Forced Air
Cool System: Central A/C
Metering: Separate
Heating Fuel: Natural Gas
Water: Public
Zoning:RB
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OFFERING HIGHLIGHTS
Vaso’s Kitchen is one of the most well known Greek restaurants in Old
Town, Alexandria with out side patio and parking. Vaso’s Kitchen has
been in many news papers and magazines since the opening in April of
2006 including two times in Washington Post, two times in Northern
Virginia Magazine and so on..
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LOCATION HIGHLIGHTS
· Walking distance to Braddock Metro Station,
schools, shopping centers, hotels, entertainment
areas and more
· Easy Access to GW Washington Pkwy, (395),
down town Old Town and Duck Street
· Average household income of $168,382 within
one mile Radius
· Many Commercial and residential new
development in one mile radius.
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Proplocate
Realty LLC / Robert Gamzeh, Associate Real Estate Broker
©
2004-2008 WWW.WDCCRE.COM
All Rights Reserved
The information on this
website has been secured from sources we believe to be reliable,
but we make no representation or warranties, expressed or implied to
the accuracy of the information. Buyer must verify the information and
bears all the risk for any inaccuracies.
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