Richmond Hwy and Russell Rd 3 Properties Offered at $5,234,700 CAD in Alexandria, VA

CRES, as exclusive agent, is pleased to offer the opportunity to acquire 2.05 acres on the Richmond Highway Corridor in Alexandria, Virginia. The Project located at the signalized intersection of Richmond Highway and Russell Road, offers a combined land area of 89,285 square feet with an approximately 2,679 square foot 7-Eleven store currently occupied. An additional structure of approximately 5,151 square foot bank building with drive through which is currently not leased.
The Project is located in the Mount Vernon Planning District, Area IV of the Fairfax County Comprehensive Plan. Transportation improvements include easy access by bus, Metrorail, pedestrian/bicyclist services from Fort Belvoir to the City of Alexandria. The Mount Vernon District known for its recent and dramatic growth of commercial businesses is also the historic heart of Fairfax County which includes Fort Hunt Park, Huntley Meadows Park, George Washington’s Mount Vernon Estate and Gardens, the Frank Lloyd Wright designed Pope-Leighey House, River Farm and Woodlawn Plantation.
A Fairfax County Bus Rapid Transit Station is planned at Mohawk Lane, a 3-minute walk from The Project.

The Project is in Phase 2 of the Virginia Department of Transportation Richmond Highway corridor improvements.
The Commons Mount Vernon, formerly known as The Original Mount Vernon High School is located just across Richmond Highway. This renovation and adaptive reuse project of the original Mount Vernon High School will provide pathways to opportunity for the community, with a focus on education, workforce development and life skills training programs. The new 149,000 square foot facility is a blend of new construction and historic renovation designed with flexibility in mind to accommodate the diverse programming needs of the community with planned substantial completion Late Fall 2026. The project supports the vision of One Fairfax and the County Strategic Plan.