Ground Level Office End
7006 LITTLE RIVER Tpke 3B Annandale, VA 22003
7006 LITTLE RIVER Tpke 3B, Annandale, VA, 22003
$400,000
For Sale
$400,000
1,200 SF ground-level office suitable for medical or professional use.
Property Size1,200 SF
Lot Size0.03 Acres
Price / SF$333.33
Days on Market134
Property Features for 7006 LITTLE RIVER Tpke 3B
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 0.03 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing agency
NEWSTAR 1ST REALTY, LLC
(703) 200-0844
Listed by
Dong Gil Lee
(703) 200-0844
Source
Elliman
Added: Mar 10 Updated: Jul 6 at 10:55AM Checked: Jul 21 at 8:54AM
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 NEWSTAR 1ST REALTY, LLC
Investment Insights
Based on property information with market context.
This 1,200 square foot office space is located on the ground level. The layout includes a reception area, four additional rooms, a bathroom, a kitchenette, a storage room, and a private office. The end unit is situated on the first floor with parking available in front. The property is designed to be convenient for individuals with disabilities. It is suitable for medical doctors, dentists, realtors, and insurance offices.
Key Highlights
- Ground level end unit offering 1,200 Sq Ft.
- Ideal for medical, dental, real estate, or insurance offices.
- Handicap accessible with parking right in front.
Local 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 | $35.4k | $29.52 |
| − Vacancy | −$5.1k | −$4.28 |
| EGI | $30.3k | $25.24 |
| − OpEx | −$7.6k | −$6.31 |
| NOI | $22.7k | $18.93 |
1,200 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$324.5K
$284.0K – $378.6K
NOI $22,716 @ 7.0% cap · market cap 5.68%
Second Best
Healthcare Medical
$312.4K
$273.3K – $364.4K
NOI $21,866 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$5.03M
$4.40M – $5.87M
NOI $352,107 @ 7.0% cap · market cap 88.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Law Office of Michael ...
Law Firm
Marshall William A
Law Firm
Young Jai Chang
Alternative Medicine Practice
Emily Chang
Alternative Medicine Practice
BJK CONSULTING
Business Management Consultant
Similar For Sale Nearby
Similar Off Market Nearby
- Columbia Pike Animal Hospital & Emergency Center — 4205 Evergreen Ln, Annandale, VA 22003
- Sunshine Animal Hospital — 7323 Little River Turnpike, Annandale, VA 22003
- Austin Veterinary Clinic Paul Austin — 7323 Little River Turnpike, Annandale, VA 22003
- Petco Vaccination Clinic — 7434 Little River Turnpike, Annandale, VA 22003
FAQs
What type of property is this?
Medical Office Space - 1,200 SF ground-level office suitable for medical or professional use.
Where is this medical office space located?
The property is located at 7006 LITTLE RIVER Tpke 3B Annandale, VA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Ground level end unit offering 1,200 Sq Ft.; Ideal for medical, dental, real estate, or insurance offices.; Handicap accessible with parking right in front.
