5510 Cherokee Ave. (Cherokee II Building)
5510 Cherokee Ave.
Property Content
Highlights
- Great access to I-395 and the Beltway
- Medical , Office, and Cafe Space available
- Professional management
- 24 hour security camera monitoring system with key-card after hour access
- 3.75/1000 Parking Ratio, Generous Parking
- On Site Café and Daycare
- Reasonable turn-key improvements available
Location Highlights
- Located inside the beltway with superior
access to I-395, I-95, and I-495 - Convenient access to the Pentagon, Fort
Belvoir, Old Town Alexandria, Reagan
National Airport, and Downtown, DC - Accessible to both Van Dorn and
Springfield Metro
Property Features
| Property Type | For Sale & Lease |
| Rental Rate | $26.00 – 28.00 PSF |
| Lease Type | Full Service |
| Build-out type | Relet office. Ready for additional improvements |
| Term | 3-10 Years |
| Purchase Price | $12,000,000 |
| Cap Rate | 7.25% |
| WALT | 9 years + |
| NOI | $866,158 |
| Parking Ratio | 3.75/1000 |
Opportunities
| Suite # | Floor | Area Square Feet | Total Contig. |
|---|---|---|---|
| Suite 120 | 1st | 1,200 - 3,731 SF (Divisible) |