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For Sale

Village Green Shopping Center, Maple Avenue Corridor

503 Maple Avenue West,
Vienna, VA 22180

Asset Snapshot

1974
Year Built
2020
Year Renovated
100%
Occupancy

Offering Summary

Investment Overview

503 Maple Avenue presents a rare opportunity to acquire a highly visible end unit along Vienna’s Maple Avenue corridor. The property is beautifully built out as a spa and wellness space and is especially well suited for a future spa, med spa, salon, beauty, wellness, medical aesthetics, or boutique service user seeking long term ownership in one of Northern Virginia’s most established retail corridors. The property is currently leased with approximately three years remaining and no renewal option. The in place rent is below current market levels, so the offering is best understood as a future owner occupant opportunity rather than a traditional yield driven investment. The existing tenancy provides interim income while allowing a buyer to plan ahead for future occupancy and long term control of the location.


Investment Highlights

  • • Rare end unit ownership opportunity on Vienna’s Maple Avenue corridor
  • • Highly visible location within a busy shopping center
  • • Beautiful spa and wellness buildout with strong appeal for future owner users
  • • Ideal for spa, med spa, salon, beauty, wellness, medical aesthetics, or boutique service users
  • • Existing lease has approximately three years remaining with no renewal option
  • • In place tenancy provides interim income and a defined future occupancy window
  • • Below market in place rent makes the asset best suited for a future owner occupant rather than a yield driven investor
  • • Scarce chance to control commercial real estate in one of Northern Virginia’s most established retail corridors

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Listing Syndicated From

Buildout
For Sale
$1,195,000
Asking Price