Class A Office Building For
For Sale
$9,875,000
18354 QUANTICO GATEWAY Dr, Triangle, VA 22172
Class A office building near Quantico Marine Base.
Property Size39,497 SF
Lot Size3.12 Acres
Price / SF$250.02
Days on Market126
Property Features for 18354 QUANTICO GATEWAY Dr
General Information
Standard status
Active
Size
39,497 SF
Lot size
3.12 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$39,957
Building Details
Year Built
2007
Listing Agency:
Wright Realty, Inc.
(703) 282-2372
Listed By:
Edward B Wright III · License #0225039100
(703) 282-2372
Source:
Elliman
Added: Apr 28
Changed: Aug 21
Last Checked: Aug 30 at 7:30PM
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 Wright Realty, Inc.
Investment Insights
Based on property information with market context.
A 39,497 square foot Class A office building is available for sale in the Quantico Gateway Office Park. Located at the main gate of Quantico Marine Base on US-1 and minutes from I-95, this building is suitable for defense and government contractors, medical professionals, churches, attorneys, real estate agents, or accountants. The building is professionally maintained and offers flexible layouts. Currently, the building is 75% short-term leased with 10,694 square feet vacant. The entire building can be made available for an owner/user to occupy at closing. It features 4800 amps of electrical power, suitable for large server or SCIF rooms. The property sits on 3.12 acres with over 100 parking spaces. A neighboring finished 4.0332-acre pad site with the ability to construct an additional 40,000 square foot building area is also available for sale. The property is minutes away from the newly opened Rose Gaming establishment, offering dining, entertainment, and hotel accommodations. The location has a walk score of 45, indicating it is car-dependent, and a bike score of 23, indicating it is somewhat bikeable.
Key Highlights
- Located at the main gate of Quantico Marine Base on US‑1, ideal for defense and government contractors.
- 39,497 SF Class A office building with 10,694 SF currently vacant.
- Entire building available for owner/user at closing.
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
$696,514
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
7.05%
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%
$13,930,280
$13.9M
Cap Rate 7%
$9,950,200
$10.0M
Cap Rate 9%
$7,739,044
$7.7M
Market Conditions
NOI Build-Up for 39,497 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
$957.4K $24.24/SF
− Vacancy
−$28.7K −$0.73/SF
EGI
$928.7K $23.51/SF
− OpEx
−$232.2K −$5.88/SF
NOI
$696.5K $17.63/SF
Area
Prince William County, VA
Vacancy
3.00%
Lease Rate
$24.24 /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%
$13,930,280
Cap Rate 7%
$9,950,200
Cap Rate 9%
$7,739,044
Alternative Uses
Best Use
Office B
$9.95M
$8.71M – $11.61M
NOI $696,514 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.60M
$10.15M – $13.53M
NOI $811,971 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
Demographics for 22172, VA
10,679
Population
3,903
Households
2.7
Avg Household Size
34
Median Age
41%
College-Educated
92%
High-School Grad
20.6 sq mi
ZIP Area
518
Density / Sq Mi
$113,043
Median Household Income
$48,693
Median Earnings
$1,588
Median Rent
$509,600
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 building - Class A office building near Quantico Marine Base.
Where is this office building located?
The property is located at 18354 QUANTICO GATEWAY Dr Triangle, VA.
What is the asking price?
The asking price for this property is $9,875,000.
What are key features of this property?
This property features: Located at the main gate of Quantico Marine Base on US‑1, ideal for defense and government contractors.; 39,497 SF Class A office building with 10,694 SF currently vacant.; Entire building available for owner/user at closing.
