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11870-11872 Sunrise Valley Dr
Reston, VA 20191 Reston

$999,000 USD

Office Condo For Sale  •  2,796 SF

Property Details

  • Property Type Office
  • Total Building Size 11,000 SF
  • Lot Size 0.16 AC
  • Building Class B
  • Year Built 1981
  • Cap Rate 7.75 %
  • Tenancy Multiple
  • Zoning 373
50 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 101 Medical Office 2,796 SF $999,000 USD
  • Unit Size: 2,796 SF
  • Condo Use: Medical Office
  • Price: $999,000 USD
  • Sale Type: Investment
  • Price/SF: $357.30 USD
Description
Suite 101 consists of approximately 2,000 square feet and is fully built out as a dental office. The suite includes five operatories, two private restrooms, a kitchenette/breakroom, one private office and a reception and waiting area. The space is leased through 2032.

Suite 100 consists of approximately 796 square feet and is leased to Integrative Medicine Northern Virginia through 2031. The suite includes three private offices, two private restrooms and a reception and waiting area.

Sale Notes
11872 Sunrise Valley Drive presents an opportunity to acquire two fully leased, first-floor commercial condominiums totaling approximately 2,796 square feet. Offered at $999,000, the property generates a net operating income of $77,412.42, providing investors with an attractive 7.75% capitalization rate and stable rental income from two established medical tenants with lease terms extending through 2031 and 2032.

With both condominiums fully leased to healthcare-related tenants, this offering provides investors with immediate income, long-term lease stability and limited near-term rollover risk.

Investment Highlights

Offered at $999,000

Net operating income of $77,412.42

7.75% capitalization rate

Two individual commercial condominium units

Approximately 2,796 square feet combined

100% leased to healthcare-related tenants

Long-term leases extending through 2031 and 2032

Both suites located on the first floor

Suite 101: Approximately 2,000-square-foot dental office with five operatories

Suite 100: Approximately 796-square-foot integrative medicine office

Specialized medical and dental buildouts

Immediate rental income with limited near-term lease rollover

Opportunity to acquire two income-producing condominiums in a single transaction

Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Dr. Stuart Andrews and Associates
Frank J. Dunne, DDS
Integrated Financial Solutions, Inc. (IFS)
Metro Printing Center
Nova Dental
Richey Real Estate Services
Sun Radia

Public Transportation

AirportDriveWalkDistance
Washington Dulles International 15 min - 7.0 mi
Ronald Reagan Washington Ntl 37 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Cameron Coleman 443-340-5966 Coldwell Banker Commercial Elite
Cameron Coleman 443-340-5966 Coldwell Banker Commercial Elite