Office Condominium Suites with
For Sale
$650,000
1146 Walker Road G&h, Great Falls, VA 22066
Two professional office condominium units with private entrances and skylit interiors within Leigh Corners Office Park.
Property Size2,600 SF
Price / SF$250
Days on Market95
Property Features for 1146 Walker Road G&h
General Information
Standard status
Active
Size
2,600 SF
Amenities
skylights
ample free parking
convenient customer parking in front
additional employee parking at the rear
building signage
monument signage
Building Details
Year Built
1986
Year Renovated
2022
Listing Agency:
Samson Properties
Listed By:
Bonnie H Wolfe · License #0225078568
(703) 930-5692
Source:
Kandorre
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 7 at 5:00PM
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.
Rare opportunity to acquire upscale professional office condominium units within Leigh Corners Office Park. Units G and H are positioned across the hall from one another and connected by a shared interior corridor, creating flexibility to operate independently or combine into a larger suite. Each unit also features its own private entrance, supporting separate business operations or multi-tenant use. Skylights and windows provide natural light throughout the corridor and interior spaces.
Unit H is approximately 1,350 square feet and fully leased. Renovated in 2022, it is currently configured as two separate suites, H-1 and H-2, each accessed from the shared corridor. The interior includes laminate flooring, recessed lighting, and high ceilings, with Suite H-1 offering four windowed offices and an open sitting area, and Suite H-2 offering two windowed offices. A common restroom is located in the corridor.
Unit G is approximately 1,250 square feet and vacant, with a double entry door, three spacious windowed private offices, and a reception area suited for client meetings and waiting. The layout also includes a central hallway for filing or storage, a stylish restroom, and a utility room with a janitor sink and storage. The property includes ample free parking with customer parking at the front and additional employee parking at the rear, and signage options including building signage and monument signage at the main entrance.
Unit H is approximately 1,350 square feet and fully leased. Renovated in 2022, it is currently configured as two separate suites, H-1 and H-2, each accessed from the shared corridor. The interior includes laminate flooring, recessed lighting, and high ceilings, with Suite H-1 offering four windowed offices and an open sitting area, and Suite H-2 offering two windowed offices. A common restroom is located in the corridor.
Unit G is approximately 1,250 square feet and vacant, with a double entry door, three spacious windowed private offices, and a reception area suited for client meetings and waiting. The layout also includes a central hallway for filing or storage, a stylish restroom, and a utility room with a janitor sink and storage. The property includes ample free parking with customer parking at the front and additional employee parking at the rear, and signage options including building signage and monument signage at the main entrance.
Key Highlights
- Leigh Corners Office Park professional office condo building built in 1986 with units G and H featuring private entrances
- Unit H is ~1,350 SF, fully leased, renovated in 2022, and currently configured as two suites (H‑1 and H‑2) accessed from the shared corridor
- Unit G is ~1,250 SF and vacant, with a double entry door, reception area, three windowed private offices, and space for filing or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,217
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,340
$984.3K
Cap Rate 7%
$703,100
$703.1K
Cap Rate 9%
$546,856
$546.9K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$76.8K $29.52/SF
− Vacancy
−$11.1K −$4.28/SF
EGI
$65.6K $25.24/SF
− OpEx
−$16.4K −$6.31/SF
NOI
$49.2K $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%
$984,340
Cap Rate 7%
$703,100
Cap Rate 9%
$546,856
Alternative Uses
Best Use
Office B
$703.1K
$615.2K – $820.3K
NOI $49,217 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$10.90M
$9.54M – $12.71M
NOI $762,899 @ 7.0% cap · market cap 117.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 22066, VA
18,165
Population
5,852
Households
3.1
Avg Household Size
45
Median Age
85%
College-Educated
99%
High-School Grad
25.6 sq mi
ZIP Area
710
Density / Sq Mi
$250,001
Median Household Income
$123,162
Median Earnings
$3,501
Median Rent
$1,240,100
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 - Two professional office condominium units with private entrances and skylit interiors within Leigh Corners Office Park.
Where is this office unit located?
The property is located at 1146 Walker Road G&h Great Falls, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Leigh Corners Office Park professional office condo building built in 1986 with units G and H featuring private entrances; Unit H is ~1,350 SF, fully leased, renovated in 2022, and currently configured as two suites (H‑1 and H‑2) accessed from the shared corridor; Unit G is ~1,250 SF and vacant, with a double entry door, reception area, three windowed private offices, and space for filing or storage
