Market Square at National Landing

For Sale

3600 & 3650 South Glebe Road, Arlington, VA 22202

This Arlington property for sale is located at 3600 & 3650 South Glebe Road. The general use of Market Square at National Landing is office and it incorporates 34,945 square feet of class A office space. The current listed sale price for Market Square at National Landing is Subject To Offer.

Contacts

broker

Jim Kornick

Avison Young

(202) 644-8681

Property Details

  • Property Type Office - Medical Office
  • Property Size 34,945 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2007
  • Date Updated Sep 20, 2023
National Landing is a “swinging gateway” to both Northern Virginia and Washington, DC. National Landing has three core neighborhoods: Crystal City, Pentagon City, and Potomac Yard. Each has their own diverse mix of residential, commercial, and retail developmentsAvison Young’s U.S. Capital Markets Group, the exclusive advisor to the Owner, is pleased to present the opportunity to acquire Market Square at National Landing (the “Property”). Market Square is a 100% leased medical-office condo at the ground floor of The Eclipse, a Harris Teeter-anchored, mixed use development directly underneath 464 luxury condo units. Ample parking is provided by a 487-space underground parking garage. Access is conveniently located through the interior plaza on which the tenants front or the two other entrances through which Harris Teeter shoppers park to access the store.

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Highlights

  • - Opportunity to achieve outsized core plus returns derived from core quality cashflow and strong “Med-Tail” rents and a WALT just under eight years
  • - 100% leased 34,945 square foot, institutionally owned and maintained property
  • - The only existing class A medical office building in National Landing with only one project under construction and already committed to a full building user
  • - Complimentary tenancy headlined by Inova. Inova, Pediatric Associates, and Pediatric Smiles have cornered the pediatric healthcare demand at Market Square. They are complimented by the Crystal City Children’s Center daycare
  • - Exceptional local demographics, 26,000 highly insured residents within one mile have a median household income exceeding $121,000
  • - First in line to benefit from the creation of the Innovation District in North Potomac Yards - a 65-acre development that will shift the bullseye of National Landing from Crystal City toward Potomac Yard’s completely transforming the region, its demographics, and its
  • patient pool

Attachments

Getting around

  • 82/100

    Walk Score ®

  • 53/100

    Transit Score ®

  • 86/100

    Bike Score ®

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Location

  • City Arlington, VA
  • Neighborhood Crystal City
  • Zip Code 22202
  • Market Washington DC Suburban Maryland

Points of Interest

  • Ronald Reagan Washington National Airport

    0.88 miles

  • Crystal City

    1.09 miles

  • Crystal City (Elevator)

    1.09 miles

  • Crystal City

    1.19 miles

  • Pentagon City Metro Exit

    1.47 miles

  • Pentagon City

    1.50 miles

  • Pentagon City Metro Exit

    1.51 miles

  • Pentagon

    1.87 miles

  • Metro Entrance

    1.91 miles

  • Braddock Road

    1.94 miles

  • Tesla Supercharger

    0.38 miles

  • Shell

    0.54 miles

  • Exxon

    0.64 miles

  • Exxon

    0.75 miles

  • ChargePoint

    0.85 miles

  • Exxon

    1.02 miles

  • Liberty

    1.26 miles

  • Exxon

    1.43 miles

  • Tesla Supercharger

    1.47 miles

  • Shell

    1.51 miles

  • Economy Parking

    0.27 miles

  • Employee Lot F

    0.49 miles

  • Employee Lot O

    0.55 miles

  • Employee Lot T

    0.56 miles

  • Employee Lot S

    0.59 miles

  • Employee Lot P

    0.61 miles

  • Terminal A Garage + Rental Cars

    0.67 miles

  • For-Hire Vehicle Staging Lot

    0.70 miles

  • Terminal B/C Parking Garage

    0.86 miles

  • Cell Phone Lot

    0.97 miles

  • Residence Inn by Marriott Arlington Capital View

    0.35 miles

  • Renaissance Arlington Capital View Hotel

    0.39 miles

  • Courtyard by Marriott Arlington Crystal City/Reagan National Airport

    0.41 miles

  • Hyatt Regency Crystal City at Reagan National Airport

    0.47 miles

  • Holiday Inn National Airport/Crystal City

    0.52 miles

  • Hilton Crystal City at Ronald Reagan International Airport

    0.70 miles

  • Hilton Garden Inn Reagan National Airport

    0.89 miles

  • Hampton Inn & Suites Reagan National Airport

    0.97 miles

  • Crystal City Marriott at Reagan National Airport

    1.00 miles

  • The Westin Crystal City Reagan National Airport

    1.04 miles

  • Harris Teeter

    0.03 miles

  • Lidl

    0.10 miles

  • TJ Maxx

    0.40 miles

  • Target

    0.57 miles

  • Mount Vernon Village Center

    0.59 miles

  • MOM's Organic Market

    0.60 miles

  • Tiger Market

    0.62 miles

  • Giant

    0.68 miles

  • FoodStar

    0.69 miles

  • Mercadito Ramos III Latin Market

    0.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jim Kornick

Avison Young

(202) 644-8681