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Investment Highlights
- Highly desirable market
- Value add opportunity
- Walking distance to all of Potomac Village's amenities
Executive Summary
Rare opportunity to purchase a property in the heart of the Potomac Village. Located adjacent to the Potomac Promenade and close proximity to Potomac Place, the Potomac Village Shopping Center, and all of the Potomac Village's amenities, 9800 Falls is a unique opportunity to purchase a medical building in one of the most desirable markets in the Country. 9800 Falls consists of approximately 62,549 SF of land zoned R-200 with a special exception for medical (residential care facilities included), the property is improved by an approximately 12,266 SF building built in 1978 with 50+/- parking spaces. Originally built as a Suburban Hospital outpatient care facility, the property consists of 14 medical units with 7 tenants occupying 12 units. Flexible leases provide a new owner optionality to keep the status quo, move in as an owner occupant, value add, or go in for rezoning.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
12,266 SF
Building Class
B
Year Built
1978
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,133 SF
Building FAR
0.20
Lot Size
1.43 AC
Zoning
R-200 - Medical uses. Residential care facility. Additional uses allowed as conditional or limited use, independent living facility among others
Parking
50 Spaces (4.08 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dr DeBenedictis, DDS
- -
-
99,999 SF
- -
- -
- ZITO
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dr DeBenedictis, DDS | - | 99,999 SF | - | - | ||
| ZITO | - | 99,999 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- Terrace-Ste 107
- 800 SF
- Medical
- Full Build-Out
- Now
- 1st Fl-Ste 6
- 800 SF
- Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| Terrace-Ste 107 | 800 SF | Medical | Full Build-Out | Now |
| 1st Fl-Ste 6 | 800 SF | Medical | Full Build-Out | Now |
Terrace-Ste 107
| Size |
| 800 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 6
| Size |
| 800 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
Property Taxes
| Parcel Number | 10-01775972 | Improvements Assessment | $3,011,544 CAD |
| Land Assessment | $2,243,981 CAD | Total Assessment | $5,255,525 CAD |
Property Taxes
Parcel Number
10-01775972
Land Assessment
$2,243,981 CAD
Improvements Assessment
$3,011,544 CAD
Total Assessment
$5,255,525 CAD
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Photos
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Street
Map
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Presented by
9800 Falls Rd
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