5949 Oakdale Rd - Center for Discovery | Washington DC MSA

Graystone Capital Advisors is pleased to exclusively list for sale 5949 Oakdale Road located in McLean, Virginia, an affluent immediate suburb of Washington DC. The site is home to a National Behavioral Health Clinic, Discovery Practice Management branded as Center for Discovery, specializing in Eating Disorder Treatments.
With over 10 years remaining on an Absolute Net lease, there are zero landlord responsibilities. There are also attractive annual increases based on the CPI index, which hedges inflationary risk. The lease is also corporately guaranteed by Behavioral Health Holdings II, Inc. which grew from 134 locations in 15 states to 163 locations in 16 states between 2021 and 2022.
The asset itself sits on a 0.62 Acre site. The 6,194 SF building is a luxury single-family home converted beautifully into a female only, 24-hour treatment facility for eating disorders that has been operational since 2017. As a stately traditional single-family home, there are 6 bedrooms and 6.5 full bathrooms. The property also features a gourmet kitchen, four car garage, gas fireplace, sauna, finished lower level, and a separate in-law apartment with living/dining area.
The site is just outside of Washington D.C.’s city limits – approximately 7.5 Miles from downtown. McLean is a very affluent area home to many diplomats, military, members of Congress, and high-ranking government officials. It is well known due to its luxury homes and nearby high profiting shopping centers such as Tysons Corner and Tysons Galleria. In 2018 McLean was the 3rd wealthiest city in the U.S. based on its poverty rate of 2.6% and Median Household Income exceeding $180,000. McLean is also home to Mars and Geebo, along with being the headquarters to the CIA and Office of the Director of National Intelligence. Major roadway through McLean include the Capital Beltway, George Washington Memorial Parkway, Interest 66, Dulles Access Road, Dolley Madison Blvd/Chain Bridge Road, Georgetown Pike, and Old Dominion Road.
Demographics are strong with the Average Household Income exceeding $180,000 and 237,000 people within a 5-mile radius. With over 10 years remaining on an Absolute Net Lease and the strong underlying value of the real estate, this is a prime asset for any investor seeking real estate in this affluent segment of the DC area.