Second-Floor Office
For Sale
$289,000
10509 Braddock Road 2d, Fairfax, VA 22032
Furnished office condominium with private suites, a wet bar kitchen, restroom, and parking.
Property Size1,200 SF
Price / SF$240.83
Days on Market72
Property Features for 10509 Braddock Road 2d
General Information
Standard status
Active
Size
1,200 SF
Space & Availability
Floor
2
Furnished
Yes
Additional Details
Road Access
Yes
Amenities
wet bar kitchen
restroom
Building Details
Year Built
1989
Listing Agency:
Samson Properties
Listed By:
Rajan Lalwani · License #0225256931
(703) 750-0484
Source:
Riverfoxrealty
Added: Aug 22
Changed: Oct 25
Last Checked: Oct 5 at 8:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samson Properties
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Investment Insights
Based on property information with market context.
This second-floor office condominium contains 1,200 square feet with multiple individual office suites, furnishings included in the sale, a wet bar kitchen, and an interior restroom. A heat pump provides the listed mechanical system, and parking is available with the property. The building was constructed in 1989.
The office faces Braddock Road and sits adjacent to a shopping center, with George Mason University nearby. Its existing suite layout and included furnishings provide a defined office setup for an owner-user or commercial occupant.
The office faces Braddock Road and sits adjacent to a shopping center, with George Mason University nearby. Its existing suite layout and included furnishings provide a defined office setup for an owner-user or commercial occupant.
Key Highlights
- 1,200 SF second‑floor office condominium
- Multiple individual office suites with furnishings included
- Wet bar kitchen and restroom within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,716
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,320
$454.3K
Cap Rate 7%
$324,514
$324.5K
Cap Rate 9%
$252,400
$252.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$35.4K $29.52/SF
− Vacancy
−$5.1K −$4.28/SF
EGI
$30.3K $25.24/SF
− OpEx
−$7.6K −$6.31/SF
NOI
$22.7K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,320
Cap Rate 7%
$324,514
Cap Rate 9%
$252,400
Alternative Uses
Best Use
Office B
$324.5K
$284.0K – $378.6K
NOI $22,716 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.03M
$4.40M – $5.87M
NOI $352,107 @ 7.0% cap · market cap 121.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 22032, VA
29,909
Population
9,988
Households
3
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
4,154
Density / Sq Mi
$175,913
Median Household Income
$69,924
Median Earnings
$2,269
Median Rent
$736,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Furnished office condominium with private suites, a wet bar kitchen, restroom, and parking.
Where is this office unit located?
The property is located at 10509 Braddock Road 2d Fairfax, VA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,200 SF second‑floor office condominium; Multiple individual office suites with furnishings included; Wet bar kitchen and restroom within the unit
