Office Unit with Medical
For Sale
$960,000
12359 Sunrise Valley Dr Ste 340, Reston, VA 20191
Open-plan suite includes reception, conference, server, and kitchenette areas for professional operations.
Property Size3,200 SF
Days on Market18
Property Features for 12359 Sunrise Valley Dr Ste 340
General Information
Standard status
Active
Size
3,200 SF
Class
B
Property subtype
Office - General Office
Amenities
spacious reception area
private conference room
dedicated server room
convenient kitchenette
efficient open floor plan
Building Details
Building Size
3,200 SF
Year Renovated
2015
Units
69
Listing Agency:
SVN | K&M Commercial Real Estate
(703) 734-2822
Listed By:
Kayvan Mehrbakhsh · License #0225084011
Source:
Commercialcafe
Added: Aug 15
Changed: Aug 21
Last Checked: Sep 1 at 3:44PM
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 office unit is arranged around a reception area, private conference room, dedicated server room, kitchenette, and open-plan workspace. Medical use is permitted, supporting a range of professional office configurations within the existing layout.
The suite is located at 12359 Sunrise Valley Dr Ste 340 in Reston, Virginia. Washington Dulles International Airport and Washington, D.C. are accessible from the area, while Reston Town Center provides nearby dining and retail options. Lake Fairfax Park is also located nearby.
The suite is located at 12359 Sunrise Valley Dr Ste 340 in Reston, Virginia. Washington Dulles International Airport and Washington, D.C. are accessible from the area, while Reston Town Center provides nearby dining and retail options. Lake Fairfax Park is also located nearby.
Key Highlights
- Medical use is permitted
- Reception area, private conference room, server room, and kitchenette
- Open‑plan workspace supports collaborative office configurations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,575
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,211,500
$1.2M
Cap Rate 7%
$865,357
$865.4K
Cap Rate 9%
$673,056
$673.1K
Market Conditions
NOI Build-Up for 3,200 SF
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.
Gross rent
$94.5K $29.52/SF
− Vacancy
−$13.7K −$4.28/SF
EGI
$80.8K $25.24/SF
− OpEx
−$20.2K −$6.31/SF
NOI
$60.6K $18.93/SF
Area
Loudoun County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,211,500
Cap Rate 7%
$865,357
Cap Rate 9%
$673,056
Alternative Uses
Best Use
Office B
$865.4K
$757.2K – $1.01M
NOI $60,575 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.00M
$877.5K – $1.17M
NOI $70,200 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,438
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Open-plan suite includes reception, conference, server, and kitchenette areas for professional operations.
Where is this office units located?
The property is located at 12359 Sunrise Valley Dr Ste 340 Reston, VA.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Medical use is permitted; Reception area, private conference room, server room, and kitchenette; Open‑plan workspace supports collaborative office configurations
