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Downtown Leesburg Investment Retail Center 208-210 Church SE st 9,364 SF 100% Leased Retail Building Leesburg, VA 20175 $5,025,312 CAD ($536.66 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime Downtown Location: Situated in the heart of walkable, historic Leesburg with strong foot traffic and visibility.
  • Turnkey Investment: Renovated in 2020 with a current NOI of $190,539 and minimal landlord responsibilities.
  • High-Growth Market: Benefit from strong population and economic growth in one of Northern Virginia’s most desirable submarkets.
  • Fully Leased Asset: 100% occupancy across multiple tenants with staggered lease expirations, minimizing rollover risk.
  • Affluent Demographics: Located in Loudoun County—highest median household income in the U.S.—with $137K+ average income within 1 mile.
  • 1031 Exchange Friendly: Strong in-place cash flow and long-term appreciation potential ideal for exchange buyers seeking stability and upside.

EXECUTIVE SUMMARY

Fully leased 9,364 SF retail center in the heart of Downtown Leesburg—Northern Virginia’s fastest-growing and most affluent market. Renovated in 2020 and generating $190,539 in NOI, this stabilized asset features multiple tenants with staggered leases and minimal landlord responsibilities.
Located in Loudoun County—the wealthiest county in the U.S.—this property benefits from strong household incomes ($137K+ within 1 mile), high foot traffic, and low retail vacancy. Ideal for 1031 buyers seeking immediate income, long-term appreciation, and a trophy location in a walkable, high-demand submarket.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $293,559 $31.35
Other Income - -
Vacancy Loss - -
Effective Gross Income $293,559 $31.35
Taxes - -
Operating Expenses - -
Total Expenses $27,581 $2.95
Net Operating Income $265,979 $28.40

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $293,559
Annual Per SF $31.35
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $293,559
Annual Per SF $31.35
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $27,581
Annual Per SF $2.95
Net Operating Income (CAD)
Annual $265,979
Annual Per SF $28.40

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
9,364 SF
Year Built/Renovated
1995/2020
Price
$5,025,312 CAD
Price Per SF
$536.66 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.54
Lot Size
0.14 AC
Zoning
LB:B1 - General Business - Leesburg
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Loco Cross Fit
Sunbelt Rentals
The YMCA
Safeway
Giant Food
Bank of America
Capital One
First Citizens Bank
Blimpie
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
231-28-5991
Land Assessment
$425,915 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$425,915 CAD (2025)
  • Listing ID: 35846866

  • Date on Market: 2025-05-13

  • Last Updated:

  • Address: 208-210 Church SE st, Leesburg, VA 20175

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