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5519 Franconia Rd 4,134 SF Retail Building Alexandria, VA 22310 For Sale
Investment Highlights
- High-performing former bank branch that had over $100 million in deposits. Closed as part of a consolidation plan.
- Flexible C-6 (Community Retail) zoning permitting financial institutions, restaurants, drive-throughs, medical/health uses, daycare, and more
- Strong surrounding demographics: median household income of $108,200 and 52.2% of residents holding a Bachelor’s degree or higher
- Rare 1.03-acre suburban site with 20± onsite parking spaces and drive-through canopy in a supply-constrained market
- Corner lot at Franconia Road & Edison Drive — signalized intersection with excellent visibility and ingress/egress
- Dense trade area with 531,000+ annual visits captured within 250 feet of the site (Placer.ai, Feb 2025–Jan 2026)
Executive Summary
Avison Young is pleased to present the exclusive offering of 5519 Franconia Road, a freestanding, single-story retail banking facility formerly operated as a Burke & Herbert Bank branch in Alexandria, Virginia. The property represents a rare opportunity to acquire a well-positioned, owner-user or investment-grade commercial asset in one of the Washington, D.C. metro area’s most stable suburban markets.
The branch was closed as part of a strategic consolidation plan. The Franconia Road location was one of the bank’s strong performers, having maintained approximately $100 million in deposits at the time of closure. This speaks directly to the quality of the surrounding consumer base and the location’s long-term viability for a wide range of retail, financial, and service uses.
The property occupies a corner lot at Franconia Road and Edison Drive, two well-traveled arterials that serve the surrounding residential neighborhoods and connect directly to I-495. The immediate area features a wide variety of commercial and residential development, with convenience retail, financial services, food and beverage, and multifamily housing all within close proximity. Interstate 495 is just 1.5 miles to the north, providing regional access and ensuring a broad and captive consumer base.
The branch was closed as part of a strategic consolidation plan. The Franconia Road location was one of the bank’s strong performers, having maintained approximately $100 million in deposits at the time of closure. This speaks directly to the quality of the surrounding consumer base and the location’s long-term viability for a wide range of retail, financial, and service uses.
The property occupies a corner lot at Franconia Road and Edison Drive, two well-traveled arterials that serve the surrounding residential neighborhoods and connect directly to I-495. The immediate area features a wide variety of commercial and residential development, with convenience retail, financial services, food and beverage, and multifamily housing all within close proximity. Interstate 495 is just 1.5 miles to the north, providing regional access and ensuring a broad and captive consumer base.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,134 SF
Building Class
B
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.03 AC
Zoning
C-6
Parking
20 Spaces (5.19 Spaces per 1,000 SF Leased)
Frontage
82’ on Franconia Rd
Amenities
- Corner Lot
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0814-04-A | Improvements Assessment | $1,709,506 CAD |
| Land Assessment | $1,739,544 CAD | Total Assessment | $3,449,050 CAD |
Property Taxes
Parcel Number
0814-04-A
Land Assessment
$1,739,544 CAD
Improvements Assessment
$1,709,506 CAD
Total Assessment
$3,449,050 CAD
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5519 Franconia Rd
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