105 N Maple Ave, Falls Church, VA 22046
Two-story, fully ADA-accessible office building with an on-site elevator and 18 off-street parking spaces.
Property Features for 105 N Maple Ave
General Information
Additional Details
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Operational and systems updates include two RTUs (one for each level) and an asphalt built-up roof. The building received a full renovation in 2014, including a new elevator, electrical panels, separate metering, lighting packages, ceiling insulation, and renovations to kitchens and bathrooms on both levels. A French drain system was also installed on the exterior in 2014.
Additional mechanical updates include replacement of the boiler and hot water tank in 2024. The exterior includes inground irrigation for landscaping. The building is not sprinklered, and a camera security system is in place. On site, there are 18 private off-street parking spaces.
Key Highlights
- 10' ceiling heights with windows on three sides
- Full building renovation completed in 2014, including new elevator
- Fully ADA accessible with elevator access
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 | $188.9k | $29.52 |
| − Vacancy | −$27.4k | −$4.28 |
| EGI | $161.5k | $25.24 |
| − OpEx | −$40.4k | −$6.31 |
| NOI | $121.2k | $18.93 |
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Location Intelligence
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Demographics for 22046, VA
Market
Vacancy Rate% for Office in South region