Class A Office
For Sale
$2,750,000
11490 COMMERCE PARK Drive, Reston, VA 20191
Commercial Sale - RESTON, VA
Property Size12,535 SF
Price / SF$219.39
Days on Market408
Property Features for 11490 COMMERCE PARK Drive
General Information
Property type
Other
Property subtype
Office
Parking
12
Parking features
Special Needs, Parking Lot
Elementary school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district
FAIRFAX COUNTY PUBLIC SCHOOLS
High school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
37879
Utilities
Heating system
Other (Heating)
Cooling system
Wall Unit(s)
Building Details
Year built
1984
Listing Agency:
Keller Williams Realty
(703) 636-7300
Listed By:
Anne Nouri · License #0225215559
(703) 817-6499
Added: Jun 24, 2025
Changed: Jul 13
Last Checked: Aug 5 at 7:06PM
MLS# VAFX2249966
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.
Offered for sale as a Class A office condominium at 11490 Commerce Park Drive in Reston, VA, this 12,535 SF space has been merged from four suites and can be divided to support different occupancy strategies. The layout includes five secure private entrances, multiple conference rooms, open collaborative workstations, and three fully-equipped kitchenettes. On-site amenities also include 24/7 secure access and elevator service, with ten dedicated parking spaces plus additional visitor parking.
The property is positioned about a 6-minute walk to Wiehle-Reston East Metro (Silver Line) and features direct Dulles Toll Road frontage. It also has frontage on Sunrise Valley Drive and provides direct Dulles Toll Road access. An owner-occupier focused option, the HOA covers utilities, janitorial services, exterior maintenance, landscaping, and professional on-site management, reducing day-to-day operating responsibilities.
The property is positioned about a 6-minute walk to Wiehle-Reston East Metro (Silver Line) and features direct Dulles Toll Road frontage. It also has frontage on Sunrise Valley Drive and provides direct Dulles Toll Road access. An owner-occupier focused option, the HOA covers utilities, janitorial services, exterior maintenance, landscaping, and professional on-site management, reducing day-to-day operating responsibilities.
Key Highlights
- 12,535 SF Class A office condominium in Commerce Executive II (year built 1984)
- 6‑minute walk to Wiehle‑Reston East Metro (Silver Line) with direct Dulles Toll Road frontage
- Merged from four suites but described as easily divisible for multi‑tenant investment strategy
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 | $370.0k | $29.52 |
| − Vacancy | −$53.7k | −$4.28 |
| EGI | $316.4k | $25.24 |
| − OpEx | −$79.1k | −$6.31 |
| NOI | $237.3k | $18.93 |
12,535 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.39M
$2.97M – $3.95M
NOI $237,284 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.93M
$3.44M – $4.58M
NOI $274,987 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 20191, VA
29,948
Population
12,744
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
93%
High-School Grad
7.8 sq mi
ZIP Area
3,839
Density / Sq Mi
$141,019
Median Household Income
$62,313
Median Earnings
$1,983
Median Rent
$616,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 12,535 SF office condo merged from four suites with secure entrances, kitchenettes, and dedicated parking.
Where is this office units located?
The property is located at 11490 COMMERCE PARK Drive Reston, VA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 12,535 SF Class A office condominium in Commerce Executive II (year built 1984); 6‑minute walk to Wiehle‑Reston East Metro (Silver Line) with direct Dulles Toll Road frontage; Merged from four suites but described as easily divisible for multi‑tenant investment strategy
