419 W Annandale Road

Falls Church, VA
The asset was acquired off market in September of 2022. The asset is located in the heart of the City of Falls Church, VA.

 

  • Off market acquisition of Surplus Corporate Real Estate totaling approximately one acre of land in an irreplaceable location.
  • The site will be assembled with two smaller adjacent sites for a larger mixed-use development.
  • The property is located adjacent to a Harris Teeter and one block from a Whole Foods.
  • Current massing shows approximately 200 units and 17,000 square feet of ground floor retail.
  • The project requires a special use exception for residential development that is being enthusiastically supported by the City.
Building Size

258,300 sf

Acquisition Source

Off-Market

Equity Partner

Family Off

Acquisition Price

$4.6 M

Redevelopment

$90.0 M

Total Project Cost

Date
Category
Falls Church, Redeveloped Multi Family, Redevelopment Assets