$3,550,000

Excellent opportunity to own in Cherrydale! Two Story Class B Office Building is approximately8,420sqft and sits on an approximately 11, 280sf parcel zoned as C-2. Income producing property with two tenantssigned to multi year leases on the ground floor. Collect rents while occupying the entire second floor office space of more than 4,200sqft. Close to everything with great access to RT. I-66.Become a part of the Cherrydale Revitalization

For SALE

Unique Opportunity -- In Great ConditionNorth Arlington Office Building

3508 Lee Highway Arlington, VA 22042Features Include: Two levels with 8,420 sqft. Elevator, Two rest rooms on each level, Storage, Offstreet parking, .258 Acre site, Common area access for multiple tenants.

Additional Information: Building is currently occupied by two tenants on the ground floor with the second floor vacant and available for immediate occupancy by Owner or new Tenant.

Please call to arrange a private viewing Ken Matzkin, Sales Agent 703-528-2288 x 118https://buckrealtors.com/

3508 LEE HIGHWAY ARLINGTON, VA 22207

FLOOR PLA NS ARE FOR ILLUSTRATIVE PURPOSES ONLY. ARE NOT TO SCALE

AND SHOULD BE VIEWED WITH THIS IN MIND BY ANY PROSPECTIVE

PURCHASER. WHILST EVERY ATTEMPT IS MA DE TO ENSURE THE A CCURACY.

ALL MEASUR EMENTS. POSITIONING.FIXTURES. FITIINGS AND

ANY OTHER DATA SHOWN A RE AN APPROX IMATE INTERPRETATION.

ESTIMATED TOTAL SQUARE FOOTAGE: 8420

www.BTWimages.com

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OFFICE38'T'x 19'1"

MAIN LEVEL9'6" Ceiling421 0 sq. ft.

UPPER LEVEL8'0" Ceiling4210 sq. ft.

Please call to arrange a private viewing Ken Matzkin, Sales Agent 703-966-5838 https://buckrealtors.com/

3508 Lee Highway at Cherrydale 3508 Lee Highway provides the unique opportunity to immediately occupy the building and

receive income from two tenants that have signed multi year leases with 3% yearly escalations. The entire second floor which currently has offices, large meeting space, bathrooms, storage witha separate fire exit, is vacant. This space also has excellent potential to be rented to a third or even

a fourth tenant. The building is in great condition and is located on the Lee Highway corridor which has seen several revitalization projects and new development site plans and is currently

being studied for more by the “Plan Lee Highway” initiative. The building sits within 1,300 feetof I-66 entrance and exit and is even closer to several new residential and commercial

developments that include apartments, condos, townhomes, grocery store and commercial retail.

RENT ROLLT e nant Cur r ent Rent/Month Lease Expiration D ate Squa r e Feet Notes

Top Builders $2,785 + PassThroughs + 3%escalations

January 14th, 2022 1,093 Lease may be terminated on 1/14/20

Playworks SpeechTherapy & Skills on TheHill

$6,120 + PassThroughs + 3%escalations

November 14th, 2021 2,175

2nd Floor Vacant N/A N/A 4,210 Potential of $30/sqft =$10,750/month

Please call to arrange a private viewing Ken Matzkin, Sales Agent 703-528-2288 x 118

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Please call to arrange a private viewing Ken Matzkin, Sales Agent 703-528-2288 x 118