Centreville, VA 20121 14641 Lee # 104

14641 Lee # 104 Centreville, VA - Image 114641 Lee # 104 Centreville, VA - Image 214641 Lee # 104 Centreville, VA - Image 3
13 more
14641 Lee # 104 Centreville, VA - Image 414641 Lee # 104 Centreville, VA - Image 514641 Lee # 104 Centreville, VA - Image 614641 Lee # 104 Centreville, VA - Image 714641 Lee # 104 Centreville, VA - Image 814641 Lee # 104 Centreville, VA - Image 914641 Lee # 104 Centreville, VA - Image 1014641 Lee # 104 Centreville, VA - Image 1114641 Lee # 104 Centreville, VA - Image 1214641 Lee # 104 Centreville, VA - Image 1314641 Lee # 104 Centreville, VA - Image 1414641 Lee # 104 Centreville, VA - Image 1514641 Lee # 104 Centreville, VA - Image 1614641 Lee # 104 Centreville, VA - Image 17
Presented By: Keller Williams Chantilly Ventures
  • MLS# VAFX2172222
  • 04/03/2024
  • Request Tour
  • Request Info
  • SQFT • 1,250

Home Details

Introducing a prime investment opportunity in the heart of Centreville, VA 14641 Lee Highway, Unit 104. This meticulously maintained commercial retail/office condo, nestled within the esteemed CentreLee Business Park. Boasting a strategic location and impeccable tenant occupancy, this fully leased property offers stability and immediate return on investment. Currently in a 5 year lease through August 2025, with a reliable tenant in place, investors can secure steady cash flow from day one. The properties Net Operating Income (NOI) of $20,065 with a 3% annual rent escalation in October of 2024. With a competitive Capitalization Rate (Cap Rate) of 6.27%, this offering presents an enticing proposition for investors seeking attractive returns in today's market. Priced at $319,900, this investment opportunity promises both affordable investment entry point and growth potential. Featuring 1,250 square feet of open and meticulously designed space, the unit is fully built out. Currently a fashion Boutique and previously a pilates studio, the flexible I-5 zoning allows for many uses. Boasting bamboo wood and tile floors, abundant natural light, and a private interior bathroom, the space exudes both functionality and style. Its versatile layout accommodates a myriad of businesses, from offices to retail outlets, fitness facilities, schools, and beyond. Convenience is key, with a private entrance and ample parking ensuring ease of access for both tenants and customers alike. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a solid entry point into the commercial real estate market, this opportunity ticks all the boxes. Don't miss your chance to secure a stake in Centreville's thriving business landscape. Contact our dedicated listing agent today to schedule a showing and seize this exceptional investment opportunity.
Presented By: Keller Williams Chantilly Ventures

Interior Features for 14641 Lee # 104

Bathrooms

Total Restrooms1

Other Interior Features

Central Air Y/NYes
FlooringBamboo, Hardwood, Ceramic Tile
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 14641 Lee # 104

Accessibility36 + wide Halls, No Stairs, Level Entry - Main
Association Recreation FeeN
Business TypeOther, School, Religious Facility, Recreation, Professional, Institutional, Hair Salon and Spa, Health Club
Cap Rate6.27
CityCENTREVILLE
Construction MaterialsStone, Brick
Cool FuelElectric
CoolingCentral A/C
CountyFAIRFAX
Directions66 - 29S - L at 14641 Lee Hwy - Unit 104 is in building D in rear on 1st level
Gross Income27540.00
HeatingHeat Pump(s)
Historic Y/NNo
Lease Considered Y/NYes
Legal SubdivisionCENTRELEE BUSINESS PARK
Location TypeBusiness Park
ModificationTimestamp2025-03-24T07:46:40
Net Operating Income20064.40
New ConstructionNo
Operating Expense5420.00
OwnerPaysTaxes - Real Estate, Association Fees
OwnershipCondominium
PossessionSubject to Existing Lease
Possible UseOther
Price Per Sq Ft Total AG255.92
Property ConditionVery Good
Property SubtypeRetail
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Subdivision NameCENTRELEE BUSINESS PARK
Tax Annual Amount3504.0
Tax Assessed Value273000.0
Tax Year2025
TransportationBus Stop less than 1 mile, Commuter Lots less than 5 miles, Commuter Rail Station 1 to 5 miles
Unit Number104
UtilitiesElectric Available, Cable TV Available, Sewer Available, Phone Available
Vacation Rental Y/NNo
ViewTrees/Woods, Street
Water Access Y/NNo
Waterfront Y/NNo
Year Built2006
Year Built SourceEstimated
Zoning550

Exterior for 14641 Lee # 104

Building Area Total1250.00
Car Parking Spaces10
Land Assessed Value54600.00
Land Use Code425
Navigable Water Y/NNo
Parking FeaturesPaved Parking, Public
Total Loading Docks0
Total Parking Spaces10
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $319,900
MLS#VAFX2172222
List Date 04/03/2024
Property Type Contingent
Phone 703.929.4729
Request Tour
Request Info
Visit My Website

Similar Properties to 14641 Lee # 104

Skip to content