Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Year Built 2009
Building Area
Land Area ()
Number of units 188

Property Description

 JLL is pleased to present for sale Siena Park (the “Property”), a 188-unit mixed use asset with 50,975 square feet of commercial space located at 2301 Columbia Pike, in the heart of Arlington, Virginia. The asset’s centralized, infill positioning on Columbia Pike provides direct access to National Landing, Virginia Tech’s Innovation Campus, Old Town Alexandria, and is within a five-minute drive of Washington, DC.  The Property is bookended by major transportation arteries including I-395, Glebe Road, and Washington Boulevard, which offer unmatched connectivity to the booming commercial hubs with 53 million square feet of office and 10.3 million square feet with a three-mile radius. Constructed in 2010, the concrete Property offers a unique value-add opportunity within a core submarket positioned to benefit from upside potential through light unit renovations. The Property features a 24-hour fitness center and weight room, rooftop deck with cityscape views, outdoor pool, coffee bar & cybercafé, and garage parking.  

Investment Highlights

CORE, INFILL NORTHERN VIRGINIA LOCATION

2 MILES FROM NATIONAL LANDING (AMAZON HQ2, VATECH)

ROBUST NORTHERN VIRGINIA EMPLOYMENT GROWTH

DIRECT ACCESSIBILITY TO NOVA EMPLOYMENT HUBS VIA WASHINGTON BOULEVARD, I-395, GW PARKWAY, AND ROUTE 50

RARE LIGHT VALUE-ADD OPPORTUNITY IN A CORE MARKET

PREMIER ARLINGTON COUNTY DEMOGRAPHICS ($136,000 HHI with 1-Mile) & TOP SCHOOL DISTRICT IN VIRGINIA

SHADOW-ANCHORED GROUND FLOOR RETAIL AND ADJACENT TO GROCERY-ANCHORED RETAIL 

Last Updated Date: 17 Feb 2021
Brian Crivella
Brian Crivella
Managing Director, Capital Markets
License details
DC-SP98368957 MD-634831 VA-0225188521
Walter Coker
Walter Coker
Managing Director, Capital Markets
License details
DC-SP98361589 MD-524884 VA-0225092459

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Last Updated Date: 17 Feb 2021

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