Date
Details
Price
Change
Source
9/30/2026
Listed
$3,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,750,000 Just Listed
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Property Description
Corporately Guaranteed for the last 50 years, 7-Eleven NNN Lease Opportunity 2950 SF, 100% Leased, Retail Building With 12 Parking Spaces, Lot Size 9,639, $3,750,000, 4.89 % Cap Rate This is a rare opportunity to acquire a 7-Eleven property in Arlington, Virginia, backed by a newly extended NNN lease. The property has a current net operating income of $183,625.20 and includes rent increases every 5 years. The lease also calls for two, 5 year options to renew; increasing the Cap Rate to 5.38% and 5.92% respectively. The property is located on Columbia Pike in one of Arlington's most active corridors, with strong visibility and easy access. Traffic counts exceed 20,000 vehicles per day, and the site benefits from both neighborhood customers and a large daily commuter base. Located in the dense Douglas Park neighborhood just across the Potomac River from Washington, D.C., the property sees consistent foot traffic and strong demand. The surrounding area includes a concentration of major employers and amenities, such as headquarters for the Pentagon, Regan Airport, Crystal City which support a busy commercial environment. The Pentagon Metro Station is also nearby-about 0.3 miles away-adding significant transit-driven traffic. The area is supported by roughly 50,000 employees and an affluent residential base with average household income around $160,379, providing a solid and stable customer base for the tenant.
Full Property Details
Full Property Details for 3602 Columbia Pike
General
- Price: $3,750,000
- Taxes: $29,253 (2026)
- Status: Active
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: VAAR2080456
- Updated: 9/30/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other/General Retail
Rooms
Bathrooms
- Restrooms: 1
Parking
- Total Spaces: 12
- Parking Features: Lighted Parking, Paved Parking, Surface
- Parking Type: Parking Lot
Location
- County: ARLINGTON
- Cross Streets: Monroe
- Driving Directions: From Glebe Road and Columbia Pike: West on Columbia Pike 1 block to 3602 on Left, Building is located at the southwest corner of Columbia Pike & S Monroe Street
- Location Details: Business District
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Brick
- Doors: Double Entry
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 2950
- Year Built: 1976
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Single
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Property View: City
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,639
- Lot Size Source: Assessor
- Lot Dimensions: 119 x 83
- Zoning: C-2
- Lot Description: Corner, Level, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $1,271.19
- Assessment Year: 2026
- City/TownTax Freq: Annually
- County Tax: $29,253
- County Tax Freq: Annually
- Tax w/Assessment: $2,483,300
- Tax Amount: $29,253
- Tax Year: 2026
- Owner Pays: None
Disclosures and Reports
- Ownership: Fee Simple
- Permits: On Hand
- Investment: Yes
Listed by G.E. Cranwell & Assoc., Ltd., George E. Cranwell Jr.
We Value Your Privacy
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Listing agent
— 3602 Columbia Pike —
George E. Cranwell Jr.
G.E. Cranwell & Assoc., Ltd.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3602 Columbia Pike
School District:Arlington County Public Schools
| Name | Grades | Distance |
|---|---|---|
Randolph Elementary School, Arlington, VA 1306 South Quincy Street, Arlington, VA 22204 | PK-5 | 0.3 mi |
Jefferson Middle School 125 South Old Glebe Road, Arlington, VA 22204 | 6-8 | 0.7 mi |
Wakefield High School 1325 S. Dinwiddie Street, Arlington, VA 22206 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3602 Columbia Pike
Tax History
Tax History for 3602 Columbia Pike
Year
Property Taxes
Change
Tax Assessment
Change
2026
$29,253
9%
$2,483,300
8%
2025
$26,745
9%
$2,309,600
9%
2024
$24,560
9%
$2,120,900
9%
2023
$22,571
13%
$1,954,200
13%
2022
$19,946
16%
$1,726,900
16%
2021
$17,178
5%
$1,487,300
4%
2020
$16,402
7%
$1,425,000
7%
2019
$15,297
22%
$1,329,000
20%
2018
$12,492
4%
$1,104,500
4%
2017
$12,061
9%
$1,066,400
8%
2016
$11,057
3%
$990,800
3%
2015
$10,749
14%
$958,900
14%
2014
$9,405
—
$839,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3602 Columbia Pike
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3602 Columbia Pike, Arlington, VA 22204 (MLS# VAAR2080456) is a Retail property. 3602 Columbia Pike is currently listed for $3,750,000 and was received on September 30, 2026. Want to learn more about 3602 Columbia Pike? Do you have questions about finding other Retail real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.