9420 Forestwood Ln. First Floor, Manassas, VA 20110
NNN-leased first-floor office condos with a long-tenured dialysis operator and remaining renewal options through 2030 and beyond.
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 5:21 am
Property Features for 9420 Forestwood Ln. First Floor
General Information
- Standard status
- Active
- Size
- 9,981 SF
- Property subtype
- Office
Listing office Weber Rector Commercial Real Estate Services, Inc. (703) 863-1895
Listing date Jun 25, 2026
Source Weberrector
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 Weber Rector Commercial Real Estate Services, Inc.
HighLights
- Four first‑floor office condos totaling 9,981 SF (full floor minus common area lobby) leased on an NNN basis
- DaVita Dialysis tenant has occupied since 2015 and renewed, exercising the first 5‑year option to extend through 5/31/2030
- Lease has two additional 5‑year renewal options; if exercised, lease runs through 5/31/2040
- Current monthly rent is $12,077.01, with 10% rent escalation per lease terms
- Annual net operating income is $144,924, with a 5.37% cap rate
Overview
The building is located at 9420 Forestwood Ln., First Floor, in Manassas, VA. The current monthly rent is $12,077.01, reflecting a 10% escalation per the lease terms. Annual net operating income is reported as $144,924.
For buyers seeking a healthcare-focused, stabilized investment with a long-term tenant, the asset offers a structured lease timeline tied to multiple renewal options. For operators and brokers, the configuration as first-floor office space leased specifically to a dialysis provider may also support tenant-aligned use considerations within the medical office segment. Prospective buyers should review the lease terms and NNN structure as part of underwriting the reported income figures.
Local Financial Insights For Healthcare Medical
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 | $279.1k | $27.96 |
| − Vacancy | −$18.1k | −$1.82 |
| EGI | $260.9k | $26.14 |
| − OpEx | −$104.4k | −$10.46 |
| NOI | $156.6k | $15.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manassas
- County
- Manassas Park
- State
- Virginia
- Longitude
- -77.4787446
- Latitude
- 38.7670095
