1125-1131 King Street & 107 N Fayette Street
Alexandria, VA 22314
The Offering
Summary
- List Price $5,000,000
- Gross Building Area 10,074 SF
- Zoning KR/CD
- Year-1 Cap Rate 6.26%
- Occupancy 100%
- Number of Tenants 6
- Street Frontage - King Street 64'0"
- Street Frontage - N Fayette Street 101'0"
Investment Summary
Feldman Ruel is pleased to offer for sale 1125-1131 King Street and 107 N Fayette Street, a portfolio of two fully leased retail properties adjacent to one another in Old Town Alexandria, marking their first availability in nearly 50 years. Located six blocks from the King Street/Old Town Metro station, the subject properties are home to nationally and regionally recognized tenants, including J.McLaughlin and Andy's Pizza, as well as local establishments such as Serafino, Pink & Brown, and EscapeQuest. With historically high occupancy, the properties offer a new owner stable income with growth potential in one of the region's most sought-after submarkets.
Investment Highlights
• Fully Leased to 6 Retail Tenants
• Rare Opportunity | Under the Current Ownership for 48 Years
• Flexible KR/CD Zoning – Allowable Uses Include Retail, Office, & Residential
• Less than 6 Blocks from the King Street Old Town Metro Station
• Strong Co-Tenancy | Surrounded by Restaurants and Retailers
@Copyright 2024 Feldman Ruel Urban Property Advisors, LLC. All rights reserved.