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46077 Lake Center Plz 20,100 SF Retail Building Sterling, VA 20165 $6,281,640 CAD ($312.52 CAD/SF)

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EXECUTIVE SUMMARY

Mid-Atlantic Commercial Realty, LLC (“Mid-Atlantic”), as exclusive representative for Owner, is pleased to present this opportunity to purchase the 100% fee simple interest in the Melodee Music Building (the “Property”), a 20,000 SF standalone building located at 46077 Lake Center Plaza, Sterling, Loudoun County, Virginia. The property is 100% leased to one tenant, Melodee Music, an entity related to the owner. The Property has three floors. The northern end of the lower-level is at grade while the remaining sides are underground. The property is suitable for a variety of by right uses.. For the value-creation investor or developer that appreciates the explosive
growth in Loudoun County, the Property offers an ideal redevelopment opportunity with a unique blend of near-term upside and longer-term stability. This market has strong demographics and a geographic location that is increasingly central in Northern Virginia.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,100 SF
Building Class
B
Year Built
1998
Price
$6,281,640 CAD
Price Per SF
$312.52 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.20
Lot Size
2.35 AC
Zoning
PDH-4 - Planned Development Housing
Parking
83 Spaces (4.15 Spaces per 1,000 SF Leased)
Frontage
90’ on Lake Center Plz
Walk Score®
Very Walkable (76)
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

United Bank
Bank of America
Mission BBQ
Truist
Olive Garden
Jazzercise
Starbucks
Orangetheory Fitness
Miller's Ale House
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
019-25-6778
Land Assessment
$2,886,342 CAD
Improvements Assessment
$2,724,937 CAD
Total Assessment
$5,611,279 CAD
  • Listing ID: 25211959

  • Date on Market: 2022-03-09

  • Last Updated:

  • Address: 46077 Lake Center Plz, Sterling, VA 20165

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