Office Medical
Alexandria Ophthalmic Associates
411 N Washington St, Alexandria, VA 22314
Listing Price: $1,535,200
Investment Overview
This offering presents an opportunity to acquire an established medical office property occupied by Vision Innovation Partners, a regional healthcare platform supporting 69 locations throughout the Mid-Atlantic. The property is offered below its $1,794,781 assessed value and features below-market in-place rents, providing potential upside through future rent growth. Located within an affluent trade area, 35.5% of households within a 1-mile radius earn $200,000 or more annually, supporting strong demographics and purchasing power. The combination of an established medical tenant, attractive basis, below-market rents, and affluent surrounding demographics creates a compelling investment opportunity.
Investment Highlights
- PRICED BELOW ASSESSED VALUE Offered at a price below the property's $1,794,781 assessed value.
- BELOW-MARKET RENTS In-place rents are below market, providing potential upside through future rent growth.
- ESTABLISHED MEDICAL TENANT Vision Innovation Partners supports 69 locations throughout the Mid-Atlantic, providing an established regional healthcare platform.
- AFFLUENT TRADE AREA 35.5% of households within a 1-mile radius earn $200,000+ annually, demonstrating strong household income and purchasing power.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Listing Price: $1,535,200
Investment Highlights
- PRICED BELOW ASSESSED VALUE Offered at a price below the property's $1,794,781 assessed value.
- BELOW-MARKET RENTS In-place rents are below market, providing potential upside through future rent growth.
- ESTABLISHED MEDICAL TENANT Vision Innovation Partners supports 69 locations throughout the Mid-Atlantic, providing an established regional healthcare platform.
- AFFLUENT TRADE AREA 35.5% of households within a 1-mile radius earn $200,000+ annually, demonstrating strong household income and purchasing power.
Investment Overview
This offering presents an opportunity to acquire an established medical office property occupied by Vision Innovation Partners, a regional healthcare platform supporting 69 locations throughout the Mid-Atlantic. The property is offered below its $1,794,781 assessed value and features below-market in-place rents, providing potential upside through future rent growth. Located within an affluent trade area, 35.5% of households within a 1-mile radius earn $200,000 or more annually, supporting strong demographics and purchasing power. The combination of an established medical tenant, attractive basis, below-market rents, and affluent surrounding demographics creates a compelling investment opportunity.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic