405 Fannon Street, Alexandria, VA, 22301

405 Fannon Street Alexandria, VA 22301

405 Fannon Street, Alexandria, VA, 22301
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FOR LEASE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Last Verified:
Mar 13, 2024

Highlights

  • Rare 5,500 SF industrial property available immediately
  • Near the Virginia Tech Innovation Campus which will bring 350k SF of residential development and 550k SF of office and campus buildings
  • 1 drive-in bays
  • Clear height 16'
  • Property includes 4,300 SF of outdoor green space behind the building
  • Lease term: 1-10 years
  • Tenant pays electric, water, and gas directly to providers
  • Quick access to National Airport (2mi), I-395 (3 mi), and 1-495 (3.5 mi)
  • Minutes away from downtown Washington and Capitol Hill

Description

Available immediately: industrial unit in the rapidly developing corridor of Route 1. Adjacent to the planned Virginia Tech Innovation Campus (affiliated with the new Amazon HQ2) and across from the Potomac Yard shopping complex. This site has quick access to National Airport, downtown Washington DC, GW Parkway, I-95, and I-395. Perfect for service industry user, craft brewery, coffee roaster, fitness concepts, day care, dog care, commercial kitchen, and contractors/ landscaping companies with indoor vehicle storage.

Potomac Yard Corridor of Route 1


Year Built: 1952
Building Size: 17714sq ft
Lot Size: 0.52 acres


Documents

Lease_ Flyer_ 405 Fannon Street.pdf

Units for Lease

405 Fannon Street
Space Available: 5500 SF
Lease Type: NNN

Map of 405 Fannon Street, Alexandria, VA, 22301

Presented by:
Tartan Properties Commercial

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Michael Porterfield


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.