First-Level Medical Office
12359 Sunrise Valley Dr Reston, VA 20191
For Sale
Contact for pricing
First-level office condo with prominent window lines, reception area, and multiple conference and presentation rooms.
Property Size5,143 SF
Price / SF$290.69
Days on Market1270
Property Features for 12359 Sunrise Valley Dr
General Information
Standard status
Active
Size
5,143 SF
Property subtype
OFFICE
Listing Agency:
SVN - K&M Commercial Real Estate
(703) 851-1070
Listed By:
Kayvan Mehrbakhsh
(703) 851-1070
Source:
Moodyscre
Added: Feb 6, 2023
Changed: Jul 28
Last Checked: Jul 29 at 3:39PM
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 SVN - K&M Commercial Real Estate
Investment Insights
Based on property information with market context.
This first-level office condo in Sunrise Professional Park offers a reception area supported by prominent window lines. The suite includes a 15+ person conference room, an event and presentation style room, and ample bullpen space. A kitchenette is included, and access to the suite is via a direct site line off the elevator.
The property is positioned minutes from Reston Town Center and is near newly opened Herndon and Reston Metro Stations.
The condo is described as allowing medical use, and it presents a practical layout for client-facing meetings and group presentations within a single, first-story space.
The property is positioned minutes from Reston Town Center and is near newly opened Herndon and Reston Metro Stations.
The condo is described as allowing medical use, and it presents a practical layout for client-facing meetings and group presentations within a single, first-story space.
Key Highlights
- First‑level office condo in Sunrise Professional Park with prominent window lines for natural light
- Large reception area plus ample bullpen space for everyday office work
- Includes a 15+ person conference room and an event/presentation‑style room
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 | $151.8k | $29.52 |
| − Vacancy | −$22.0k | −$4.28 |
| EGI | $129.8k | $25.24 |
| − OpEx | −$32.5k | −$6.31 |
| NOI | $97.4k | $18.93 |
5,143 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.62M
NOI $97,355 @ 7.0% cap · market cap 6.51%
Second Best
Healthcare Medical
$1.37M
$1.20M – $1.60M
NOI $95,802 @ 7.0% cap · market cap 6.41%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,825 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - First-level office condo with prominent window lines, reception area, and multiple conference and presentation rooms.
Where is this office units located?
The property is located at 12359 Sunrise Valley Dr Reston, VA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: First‑level office condo in Sunrise Professional Park with prominent window lines for natural light; Large reception area plus ample bullpen space for everyday office work; Includes a 15+ person conference room and an event/presentation‑style room
