Key Facts
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

