Add Listing
    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

    11220 Assett Loop, Unit 202 Manassas, VA 20109

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,079 /Mo

    Office suite available for lease in Prince William County.

    Lot size:
    3.55 Acres

    Property Features for 11220 Assett Loop

    General Information

    Standard status
    Active
    Lot size
    3.55 Acres

    We can help!

    Listing Contact
    Edward B Wright Iii
    Edward B Wright Iii
    Source: Exprealty

    Listing Agency: WRIGHT REALTY, INC. Listing Agent: Edward B Wright Iii

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

    Learn more

    Property Insight Report

    Overview

    Office Suite in Innovation Park

    Located in Innovation, a technology and office park in Prince William County, this suite offers 3,398 square feet of space. The suite includes 7 offices, a server room, and a break room. The three-story building provides easy access to Prince William Parkway and I-66. Comcast Fiber is available, and the property features window lines and parking. The lease rate is full service, including cleaning and utilities. The suite is vacant and available. Medical use will be considered. The building is within walking distance of 2 Silos Brewery and a new hotel. Three office suites totaling 8,491 square feet are available for lease in Innovation near Manassas Airport and the FBI Regional Headquarters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neurotech, NNA Production Facility H2M Group Business Management Consultant Zeido Technologies, LLC Tech Support Center Bennett, Atkinson & Associates, ... Accounting Firm Wells + Associates Engineering Consultant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Manassas
    County
    Manassas Park
    State
    Virginia
    Longitude
    -77.5312505
    Latitude
    38.7495285

    Nearby Similar for Lease

    • $1.00 SF/Yr
      18,731 SF

      Manassas Office Building For Lease

      Professional office building in central Manassas near courthouse.
      9214 Center St, Manassas, VA 20110
      View Details
    • $2,500 /Mo
      6,098 SF

      Manassas Medical/Professional Office Space

      Turnkey office space near hospital, ideal for medical or professional.
      8701 Digges Rd, Manassas, VA 20110
      View Details
    • $2,500 /Mo
      871 SF

      Manassas Office Space For Lease

      Professional office space in a desirable Manassas location.
      8731 Plantation Ln, Manassas, VA 20110
      View Details
    • $3,200 /Mo

      Updated Office Space Available

      Contemporary office space for lease with included amenities.
      9420 Forestwood Ln, Manassas, VA 20110
      View Details
    • $2,833 /Mo

      Manassas Executive Office Suite

      Executive office suite for lease in a convenient location.
      9832 Business Way, Manassas, VA 20110
      View Details
    • $3,200 /Mo

      Manassas Office Space For Lease

      Ground floor office unit with reception, offices, kitchen, storage.
      10690 Crestwood Dr, Manassas, VA 20109
      View Details
    • $18 SF/Yr
      51,401 SF

      Office Space in Manassas, VA

      Office space available for lease in Manassas, Virginia.
      8802 Sudley Rd, Manassas, VA 20110
      View Details
    • $2,200 /Mo
      436 SF

      Turnkey Dental Clinic in Manassas

      Modern, fully-equipped 3-operatory dental clinic available for lease.
      10620 Crestwood Dr Bg, Manassas, VA 20109
      View Details
    • $2,500 /Mo

      Manassas Medical Office Space Available

      Turnkey medical office space near Prince William County Hospital.
      8701 Digges Rd, Manassas, VA 20110
      View Details
    • $6,031 /Mo

      Manassas Office Space Available

      Office suites available for lease in Innovation near Manassas.
      11220 Assett Loop, Manassas, VA 20109
      View Details
    • $3,500 /Mo

      Manassas Office Suites For Lease

      Second floor office suites available near Innovation in Manassas.
      11441 Robertson Dr, Manassas, VA 20109
      View Details

    FAQs

    What type of property is this?
    Office units - Office suite available for lease in Prince William County.
    Where is this office units located?
    The property is located at 11220 Assett Loop, Unit 202 Manassas, VA.
    What is the lease rate?
    The lease rate is $7,079 /Mo.
    What are key features of this property?
    This property features: - Full-service lease includes cleaning and utilities.; - Located in Innovation Technology and Office Park near George Mason University, ATCC, Micron, and FBI.; - Easy access to Prince William Parkway and I-66.
    (703) 368-8136
    Request Owner's contact information
    11220 Assett Loop, Unit 202 Manassas, VA 20109
    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.
    11220 Assett Loop, Unit 202
    Manassas, VA 20109
    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
    11220 Assett Loop, Unit 202 Manassas, VA 20109
    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
    Edward B Wright Iii
    Edward B Wright Iii
    Real Estate License ID: 0225039100
    (703) 368-8136 (703) 282-2372
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!