Free Standing Office
5328 Lee Hwy Arlington, VA 22207
For Sale
$5,300,000
Office building for sale in Arlington, Virginia.
Property Size13,440 SF
Price / SF$394.35
Days on Market249
Property Features for 5328 Lee Hwy
General Information
Standard status
Active
Size
13,440 SF
Property subtype
Office
Listing Agency:
KLNB - Tysons
(703) 268-2735
Listed By:
Marc Tasker
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 27 at 3:11AM
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 KLNB - Tysons
Investment Insights
Based on property information with market context.
This is a free-standing office building. The property has a size of 13,440 square feet and is located in Arlington, Virginia.
Key Highlights
- Free standing office building
- Small building
- Office building
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 | $295.1k | $21.96 |
| − Vacancy | −$54.6k | −$4.06 |
| EGI | $240.5k | $17.90 |
| − OpEx | −$60.1k | −$4.47 |
| NOI | $180.4k | $13.42 |
13,440 SF · lease $21.96/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.58M
$2.26M – $3.01M
NOI $180,406 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.46M
$6.53M – $8.71M
NOI $522,547 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building for sale in Arlington, Virginia.
Where is this office building located?
The property is located at 5328 Lee Hwy Arlington, VA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Free standing office building; Small building; Office building
