Secure Class A Office
11490 Commerce Park Drive Unit 340A Reston, VA 20191
For Sale
$2,750,000
Class A office condo with secure 24/7 access, multiple entrances, and dedicated parking in Commerce Executive II.
Property Size12,535 SF
Price / SF$219.39
Days on Market436
Property Features for 11490 Commerce Park Drive Unit 340A
General Information
Standard status
Active
Size
12,535 SF
Property subtype
Commercial
Building Details
Year Built
1984
Listing Agency:
Keller Williams Realty
Listed By:
Anne Nouri
(703) 642-3380
Source:
Ournexthouse
Added: May 21, 2025
Changed: Jul 26
Last Checked: Jul 29 at 5:10PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Located in Commerce Executive II, this Class A office condominium totals 12,535 square feet and was merged from four suites. The layout is flexible, with five secure private entrances and elevator service. Interior features include three fully-equipped kitchenettes, multiple conference rooms, and open collaborative workstations.
The property is metro-adjacent, with a stated six-minute walk to Wiehle-Reston East Metro (Silver Line) and direct Dulles Toll Road frontage. It is positioned with frontage on Sunrise Valley Drive. Parking includes ten dedicated spaces plus abundant visitor parking.
For owner-occupiers or investors, the association is described as covering utilities, janitorial services, exterior maintenance, landscaping, and professional on-site management. Access is provided with 24/7 secure entry, helping reduce day-to-day operating responsibilities.
The property is metro-adjacent, with a stated six-minute walk to Wiehle-Reston East Metro (Silver Line) and direct Dulles Toll Road frontage. It is positioned with frontage on Sunrise Valley Drive. Parking includes ten dedicated spaces plus abundant visitor parking.
For owner-occupiers or investors, the association is described as covering utilities, janitorial services, exterior maintenance, landscaping, and professional on-site management. Access is provided with 24/7 secure entry, helping reduce day-to-day operating responsibilities.
Key Highlights
- 12,535 SF Class A office condominium, built in 1984
- 6‑minute walk to Wiehle‑Reston East Metro (Silver Line) and has direct Dulles Toll Road frontage
- Merged from four suites but easily divisible; includes five secure private entrances and 24/7 secure access plus elevator service
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Class A office condo with secure 24/7 access, multiple entrances, and dedicated parking in Commerce Executive II.
Where is this office units located?
The property is located at 11490 Commerce Park Drive Unit 340A 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, built in 1984; 6‑minute walk to Wiehle‑Reston East Metro (Silver Line) and has direct Dulles Toll Road frontage; Merged from four suites but easily divisible; includes five secure private entrances and 24/7 secure access plus elevator service
