Exclusive Investment Offering: Condominium Interest - Transwestern
Exclusive Investment Offering: Condominium Interest - Transwestern
Exclusive Investment Offering: Condominium Interest - Transwestern
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66<br />
McLean Retail Competitive Set<br />
Property & Size Property Type Building Size Year Built Major Tenants Percent Leased<br />
1 Chain Bridge Corner<br />
1446-1454 Chain Bridge Road<br />
Anchored Shopping Center<br />
118,000 SF<br />
1,500 SF Vacancy<br />
1973 Giant Food, CVS 98%<br />
2 6811-6815 Old Dominion Drive Unanchored Retail Strip 19,300 1956 McLean Hardware, Chesapeake<br />
Bagel Bakery<br />
100%<br />
3 McLean Center<br />
1427-1439 Center Drive<br />
Unanchored Retail Strip 9,420 n/a Pool Doctors, McLean Cigar 100%<br />
4 McLean-Chain Bridge Center*<br />
1451 Chain Bridge Road<br />
Anchored Shopping Center<br />
(Closed Former Giant)<br />
32,000 n/a Total Wine & More,<br />
Books A Million<br />
100%<br />
5 McLean Commerce Building<br />
1471-1475 Chain Bridge Road<br />
2-Story Retail 25,000 1968 Minute Man Press,<br />
The Kitchen Guild<br />
100%<br />
6 Langley Shopping Center<br />
1362-1392 Chain Bridge Road<br />
7 Old McLean Village<br />
1352-1354 Old Chain Bridge Rd<br />
8 Salona Village Shopping Center<br />
1313-1351 Chain Bridge Rd<br />
9 The Commons Shopping Center<br />
1330 Chain Bridge Road<br />
Unanchored Shopping Center 39,800 n/a R&M Lighting, Three Pigs 100%<br />
3-Story Retail 30,000 1978 Kwik Copy Printing, Nail Salon 100%<br />
Unanchored Shopping Center 26,900 1968 Le Grand Café 100%<br />
Anchored Shopping Center 37,000 1969 Safeway, Rite Aid, Blockbuster 100%<br />
10 The Market Place<br />
6830 Old Dominion Drive<br />
Retail building on 2-levels 25,000 1991 Sona Bank, The Greek Taverna<br />
Ocean M Restaurant<br />
100%<br />
11 6707 Old Dominion Drive 1st Floor Retail 30,300 1980 Hair Cuttery, Face & Body Spa<br />
Creative Hairdressers<br />
100%<br />
McLean Retail Lease Comparables<br />
Property & Size Property Type Tenant Tenant Size<br />
Rent (NNN)<br />
& Escalations Lease Type Term<br />
A 1436-1438 Chain Bridge Road Unanchored Retail Undisclosed 1,690 $57.00 - 3%/yr New 10 yr<br />
9,540 SF 1,220 $45.00 - 3%/yr New 5 yr<br />
904 $45.00 - 3%/yr New 5 yr<br />
870 $45.00 - 3%/yr New 5 yr<br />
B The Madison Building Anchored McEnearney Realtors 1,795 - 1,898 $65.00 - 3%/yr New 5 yr<br />
1320 Old Chain Bridge Road Boone & Sons Sublet 1,326 $50.00 - 3%/yr Sublet 5 yr<br />
81,200 Sq. Ft. The Jewelry Store 1,135 $45.00 - 3%/yr New 5 yr<br />
* Photo not available