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Modern Office Space with Amenities
For Lease
$35 SF/Yr

12020 Sunrise Valley Drive, Reston, VA 20191

Renovated office space with conference center, lounge, and outdoor terrace.

Space SizeContact for details
Days on Market150

Property Features for 12020 Sunrise Valley Drive

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Tysons Corner
Listed By: Brett Schweitzer
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 21 at 7:04AM

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 CBRE | Tysons Corner

Investment Insights

Based on property information with market context.

This office space is located within a dynamic, renovated building that provides modern, flexible spaces and a variety of amenities. The property features renovated lobbies and common areas, a conference center, and a social lounge. An outdoor community terrace and outside seating areas offer spaces for relaxation. WiFi connectivity is available. The location provides access to nearby eateries and amenities. Tenants are part of Reston’s newest destination neighborhood, Halley Rise, which offers 3.5 million square feet of mixed-use residential, retail, and green space. Halley Rise is anchored by an 80,000-square-foot Wegmans grocery store and offers a variety of cultural activities year-round within its 5 acres of public open space. The site will boast 240,000 square feet of dining and entertainment retail. Reston Town Center, walkable via the metro skywalk, offers an additional 50 retail shops and 30 restaurants. The property offers 8,072 square feet of space.

Key Highlights

  • Part of Halley Rise, a new mixed‑use destination neighborhood with 3.5 million sq ft of residential, retail, and green space.
  • Anchored by an 80,000‑square‑foot Wegmans grocery store.**
  • Walking distance to Reston Town Center via metro skywalk, offering 50 retail shops and 30 restaurants.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,602
Businesses Nearby

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

Lease Benchmarks for Reston, VA

$38.59 /SF/Yr
Avg Asking Price
$6.83–$200 /SF/Yr
Price Range
9,429 SF
Avg Space Size

This space is priced 9% below the average of $38.59 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office space with conference center, lounge, and outdoor terrace.
Where is this office units located?
The property is located at 12020 Sunrise Valley Drive Reston, VA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Part of Halley Rise, a new mixed‑use destination neighborhood with 3.5 million sq ft of residential, retail, and green space.; Anchored by an 80,000‑square‑foot Wegmans grocery store.**; Walking distance to Reston Town Center via metro skywalk, offering 50 retail shops and 30 restaurants.
More about this property
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