Boosalis Properties Sells Retail Property In Alexandria For $6.25M On Franconia Road
6124 Franconia Road
$6,250,000
$801/SF
Building Size
7,796 SF
Asset Type
Retail
Closing
Jun 16, 2026
About this deal
AI
A retail property located at 6124 Franconia Road in Alexandria, VA has been sold for $6,250,000. The asset spans 3.1 acres and features 7,796 square feet of retail space with the potential for redevelopment across three parcels. The price per square foot stands at $802.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,250,000
- Address: 6124 Franconia Road
- Market: Alexandria, VA
- Acres: 3.1
- Square Footage: 7,796
- Price per Square Foot: $802
- Broker: George Boosalis - Boosalis Properties
George Boosalis from Boosalis Properties represented the seller in this transaction, facilitating the sale of the retail property in Fairfax County, highlighting its redevelopment potential across multiple parcels.
Franconia Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Boosalis Properties to view all their deals.
Browse Virginia retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93