Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    400-412 S Sterling Blvd Sterling, VA 20164

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Turn-key restaurant space available for rent in Sterling, Virginia.

    Property size:
    1,200 SF
    Lot size:
    14.74 Acres

    Property Features for 400-412 S Sterling Blvd

    General Information

    Size
    1,200 SF
    Lot size
    14.74 Acres

    We can help!

    Listing Contact
    Joseph Farina
    Joseph Farina
    Source: Moodyscre

    Listing Agent: Joseph Farina

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Restaurant Space Available in Sterling

    This commercial property, previously a Pizza Hut, offers a restaurant space for rent. The property size is 1200 square feet and is located at 400-412 S Sterling Blvd, Sterling, VA.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.409926
    Latitude
    38.997915

    Nearby Similar for Lease

    • $2,500 /Mo

      Office Space in Sterling, VA

      Office space available for lease in Sterling, Virginia.
      1319 Shepard Dr, Sterling, VA 20164
      View Details
    • $350,000

      Turn-Key Medical Condo For Lease

      Ready-to-go medical condo available for lease in Sterling, Virginia.
      21155 Whitfield Pl, Sterling, VA 20165
      View Details
    • New
      $15 SF/Yr

      Office Space in Sterling, VA

      Second floor office space available for lease in Sterling.
      23475 Rock Haven Way, Sterling, VA 20166
      View Details
    • $2,700 /Mo
      1,540 SF

      Renovated Home with Bonus Room

      Recently renovated three-bedroom home with upscale kitchen and community amenities.
      118 N Cottage Rd, Sterling, VA 20164
      View Details
    • $36,816

      Functional Warehouse Sublease Opportunity

      Versatile industrial facility with office and warehouse space for rent.
      22713 Commerce Center Ct, Sterling, VA 20166
      View Details
    • Contact for pricing
      8,198 SF

      Prime Retail Pad Site Opportunity

      High-visibility pad site on Route 7 in Sterling, Virginia.
      45990 Waterview Plz, Sterling, VA 20166
      View Details
    • $18 SF/Yr

      Industrial Warehouse Condo in Sterling

      5,593 SF industrial warehouse condo for lease in Sterling, VA.
      22923 Quicksilver Dr, Sterling, VA 20166
      View Details
    • Contact for pricing

      Dulles Town Center Anchor Space

      Premier 120,000 SF anchor space in Dulles Town Center.
      21100 Dulles Town Cir, Sterling, VA 20166
      View Details
    • $24 SF/Yr
      33,000 SF

      Sterling, VA Office Space for Lease

      Prime location, flexible suites, ample parking.
      10 Pidgeon Hill Dr, Sterling, VA 20165
      View Details
    • Contact for pricing
      153,372 SF

      Sterling Plaza I: Executive Suites

      Prime Loudoun County Office Space Available
      22350 Sterling Blvd, Sterling, VA 20164
      View Details
    • Contact for pricing
      3,518 SF

      Retail Space in Dulles Center

      Retail space available in Loudoun County shopping center.
      22000 Dulles Retail Plz, Sterling, VA 20101
      View Details
    • $16 SF/Yr

      Loudoun County Flex Park

      Flex park with renovated office and warehouse space near airport.
      22960 Shaw Rd, Sterling, VA 20166
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant space available for rent in Sterling, Virginia.
    Where is this turn key restaurant located?
    The property is located at 400-412 S Sterling Blvd Sterling, VA.
    What are key features of this property?
    This property features: - Previously a Pizza Hut; - Additional Property Details
    (571) 389-7362
    Request Owner's contact information
    400-412 S Sterling Blvd Sterling, VA 20164
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400-412 S Sterling Blvd
    Sterling, VA 20164
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400-412 S Sterling Blvd Sterling, VA 20164
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joseph Farina
    Joseph Farina
    (571) 389-7362
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.