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Renovated Office Condominium Suites

1146-H WALKER Road Great Falls, VA 22066

1146-H WALKER Road, Great Falls, VA, 22066
$350,000
For Sale
Claim this Listing
$350,000

Commercial Sale - GREAT FALLS, VA

Property Size1,350 SF
Price / SF$259.26
AddedMay 3
Days on Market74
Last RefreshJul 15 at 6:06 pm

Property Features for 1146-H WALKER Road

General Information

Property type
Other
Property subtype
Office
Parking
4
Parking features
Parking Lot
Standard status
Active

Taxes and HOA fees

Tax Annual Amount
5364

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1986
Building materials
Brick

Listing agent Bonnie H Wolfe License #0225078568

Listing office Samson Properties 14291 Park Meadow Drive unit: 500, Chantilly, VA

Listing date May 3, 2026

MLS# VAFX2308536

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering is an upscale professional office condominium within Leigh Corners Office Park. Unit H is approximately 1,350 square feet and was renovated in 2022. The unit is currently configured as two separate suites, H-1 and H-2, both accessed from a shared corridor. Interiors include laminate flooring, recessed lighting, and high ceilings. Suite H-1 features four windowed offices and a generous open sitting area, while Suite H-2 includes two windowed offices. A common restroom is located conveniently in the corridor.

The property provides building signage availability and monument signage at the main entrance. Ample free parking is available, with convenient customer parking in front and additional employee parking at the rear. Access is described as convenient from Route 7/Leesburg Pike via two access points. The location is minutes from the Great Falls Village Centre, and nearby amenities include Safeway, Starbucks, restaurants, banks, the post office, and the Great Falls Library.

Designed to fit an owner-user, investor, or combination approach, the unit is fully leased. The units may be purchased together, and the listing notes Unit G may also be purchased separately. Each condominium at Leigh Corners is individually owned, with professional management overseeing the common areas, supporting day-to-day coordination of shared spaces.

Key Highlights

  • Fully leased, renovated (2022) office condominium offering immediate income potential. Existing tenants are interested in remaining.
  • Flexible configuration as two separate suites providing options for owner‑user, investor, or combination.
  • Premier Great Falls location with excellent accessibility to Route 7/Leesburg Pike and proximity to amenities.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $39.9k $29.52
− Vacancy −$5.8k −$4.28
EGI $34.1k $25.24
− OpEx −$8.5k −$6.31
NOI $25.6k $18.93
1,350 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$365.1K
$319.4K – $425.9K (±1% cap)
NOI $25,555 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.66M
$4.95M – $6.60M (±1% cap)
NOI $396,120 @ 7.0% cap · market cap 113.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Dental Office Building Supply Restaurant Real Estate Agency HVAC Service Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Fully leased, renovated office condominium offering two separate suites with corridor access and a shared restroom.
Where is this office units located?
The property is located at 1146-H WALKER Road Great Falls, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully leased, renovated (2022) office condominium offering immediate income potential. Existing tenants are interested in remaining.; Flexible configuration as two separate suites providing options for owner‑user, investor, or combination.; Premier Great Falls location with excellent accessibility to Route 7/Leesburg Pike and proximity to amenities.
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