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Grovedale Executive Office Park - Building B 6408 Grovedale Dr 17,850 SF 100% Leased Office Building Franconia, VA 22310 $8,480,214 CAD ($475.08 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 17,850 SF building with 9 units
- Zoned C-2 for versatile usage
- High visibility and accessibility for businesses
- Modern appeal, built in 2002
- 100% occupancy, reflecting strong tenant demand
- Can be sold with 6400 Grovedale Dr.
EXECUTIVE SUMMARY
Introducing an exceptional opportunity for office building investors: 6408 Grovedale Drive. This impressive property boasts a 17,850 SF building, designed with modern appeal and featuring 9 units. Built in 2002 and zoned C-2 for versatile usage, it offers a stunning 100% occupancy rate, reflecting strong tenant demand. The property's well-maintained exterior, ample parking, and high visibility make it an attractive option for businesses seeking a prime location in the Washington DC Metro area. With modern amenities, potential for expansion, and a strong track record for sustained returns, this property is an ideal choice for savvy investors seeking a lucrative opportunity.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$789,417
|
$44.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$789,417
|
$44.23
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$195,941
|
$10.98
|
| Net Operating Income |
$593,475
|
$33.25
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $789,417 |
| Annual Per SF | $44.23 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $789,417 |
| Annual Per SF | $44.23 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $195,941 |
| Annual Per SF | $10.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $593,475 |
| Annual Per SF | $33.25 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,850 SF
Building Class
B
Year Built
2002
Price
$8,480,214 CAD
Price Per SF
$475.08 CAD
Cap Rate
7%
NOI
$593,475 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,925 SF
Slab To Slab
9’
Building FAR
0.35
Lot Size
1.18 AC
Zoning
C-2
Parking
50 Spaces (2.8 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Property Manager on Site
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- D C Region Real Estate
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Dominick J Pisciotta D D S LTD
- Health Care and Social Assistance
- -
- -
- -
- -
- Donald Brasher & Carmen Carter-Howell
- Public Administration
- -
- -
- -
- -
- Gbi Brooke Drive LLC
- Retailer
- -
- -
- -
- -
-
- Educational Services
- -
- -
- -
- -
Since 1977, Huntington Learning Center has provided proven tutoring and test prep programs. They have empowered countless students to build confidence, achieve their goals, and excel academically. Their certified tutors, experienced in all academic subjects, are dedicated to helping students reach their fullest potential.
- Pb & J Kingstowne LLC
- Real Estate
- -
- -
- -
- -
- Sherileecronin Real Estate + Design
- Real Estate
- -
- -
- -
- -
- Sunshine Physical Therapy
- Health Care and Social Assistance
- -
- $32.11 CAD
- Full Service
- Jul 2011
- Susan Scheiffley & Co Homes
- Construction
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| D C Region Real Estate | Professional, Scientific, and Technical Services | - | - | - | - | |
| Dominick J Pisciotta D D S LTD | Health Care and Social Assistance | - | - | - | - | |
| Donald Brasher & Carmen Carter-Howell | Public Administration | - | - | - | - | |
| Gbi Brooke Drive LLC | Retailer | - | - | - | - | |
|
|
Educational Services | - | - | - | - | |
| Pb & J Kingstowne LLC | Real Estate | - | - | - | - | |
| Sherileecronin Real Estate + Design | Real Estate | - | - | - | - | |
| Sunshine Physical Therapy | Health Care and Social Assistance | - | $32.11 CAD | Full Service | Jul 2011 | |
| Susan Scheiffley & Co Homes | Construction | - | - | - | - |
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PROPERTY TAXES
| Parcel Number | 0911-30-0002 | Improvements Assessment | $1,885,455 CAD (2025) |
| Land Assessment | $1,860,538 CAD (2025) | Total Assessment | $3,745,993 CAD (2025) |
PROPERTY TAXES
Parcel Number
0911-30-0002
Land Assessment
$1,860,538 CAD (2025)
Improvements Assessment
$1,885,455 CAD (2025)
Total Assessment
$3,745,993 CAD (2025)
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Grovedale Executive Office Park - Building B | 6408 Grovedale Dr
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