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3014-3016 Colvin St 4,900 SF 100% Leased Flex Building Alexandria, VA 22314 $2,814,609 CAD ($574.41 CAD/SF)
Investment Highlights
- Properties in the Eisenhower Ave submarket sit within a city that is part of the broader Washington-Arlington-Alexandria metro area
- The Eisenhower Avenue submarket is not a single homogenous office or retail district but a transitioning corridor with industrial roots
- The local trade area around the corridor includes tens of thousands of residents within a few miles
- Plans for residential additions, retail, civic spaces, and enhanced public realm improvements
Executive Summary
CPG Realty, LLC (“CPG”) is pleased to present 3014 Colvin Street, a rare, 100% leased 4,900 sf industrial building, located inside the Beltway, zoned Industrial and located in the heart of Alexandria, VA(the “Property”).
The Property is 100% leased to three complementary service-oriented tenants, including a nationally branded counseling service, a pet grooming operator, and a personal training studio, providing diversified and resilient in-place income. Ownership also benefits from a long-term ground lease on the adjacent parking parcel (3016 Colvin Street), which enhances tenant functionality and presents the opportunity for incremental income through subleasing of unassigned parking spaces.
Located within one of Alexandria’s most desirable industrial submarkets, the Property is positioned in an area defined by extremely limited industrial supply, strong tenant demand, and increasing pressure from surrounding residential and mixed-use redevelopment. The City’s continued emphasis on infill development, combined with the ongoing scarcity of industrially zoned land, underpins the Property’s long-term value proposition.
In addition to its stable, in-place cash flow, the Property offers compelling future upside, including potential repositioning or redevelopment subject to market conditions and municipal approvals. This combination of current income and embedded long-term optionality makes 3014 Colvin Street an attractive opportunity for investors seeking durable cash flow with meaningful appreciation potential over time.
The Property is 100% leased to three complementary service-oriented tenants, including a nationally branded counseling service, a pet grooming operator, and a personal training studio, providing diversified and resilient in-place income. Ownership also benefits from a long-term ground lease on the adjacent parking parcel (3016 Colvin Street), which enhances tenant functionality and presents the opportunity for incremental income through subleasing of unassigned parking spaces.
Located within one of Alexandria’s most desirable industrial submarkets, the Property is positioned in an area defined by extremely limited industrial supply, strong tenant demand, and increasing pressure from surrounding residential and mixed-use redevelopment. The City’s continued emphasis on infill development, combined with the ongoing scarcity of industrially zoned land, underpins the Property’s long-term value proposition.
In addition to its stable, in-place cash flow, the Property offers compelling future upside, including potential repositioning or redevelopment subject to market conditions and municipal approvals. This combination of current income and embedded long-term optionality makes 3014 Colvin Street an attractive opportunity for investors seeking durable cash flow with meaningful appreciation potential over time.
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Property Facts
| Price | $2,814,609 CAD | Lot Size | 0.20 AC |
| Price Per SF | $574.41 CAD | Rentable Building Area | 4,900 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1945 |
| Building Class | C | Parking Ratio | 3.26/1,000 SF |
| Zoning | I-1, Alexandria | ||
| Price | $2,814,609 CAD |
| Price Per SF | $574.41 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.20 AC |
| Rentable Building Area | 4,900 SF |
| No. Stories | 2 |
| Year Built | 1945 |
| Parking Ratio | 3.26/1,000 SF |
| Zoning | I-1, Alexandria |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Available Parking Onsite; 1,700 SF Flex space available within the Eisenhower Ave Corridor
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,700 SF | Flex | Full Build-Out | 30 Days |
1st Floor
| Size |
| 1,700 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 1,700 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | 30 Days |
Available Parking Onsite; 1,700 SF Flex space available within the Eisenhower Ave Corridor
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Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 061.04-02-12 | Improvements Assessment | $1,209,852 CAD |
| Land Assessment | $369,075 CAD | Total Assessment | $1,578,927 CAD |
Property Taxes
Parcel Number
061.04-02-12
Land Assessment
$369,075 CAD
Improvements Assessment
$1,209,852 CAD
Total Assessment
$1,578,927 CAD
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3014-3016 Colvin St
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