First-Floor Office Suite with
7002 Little River Turnpike 1d Annandale, VA 22003
For Sale
$450,000
First-floor office suite with private offices, reception area, and kitchenette, with parking directly in front.
Property Size1,200 SF
Price / SF$375
Days on Market10
Property Features for 7002 Little River Turnpike 1d
General Information
Standard status
Active
Size
1,200 SF
Building Details
Year Built
1988
Listing Agency:
Ko-Am Realty & Investment, Inc.
(703) 642-3705
Listed By:
Augustine M. Kim
Source:
Kandorre
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 29 at 9:03AM
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 Ko-Am Realty & Investment, Inc.
Investment Insights
Based on property information with market context.
This well-maintained first-floor office suite is laid out for efficient day-to-day use, with several private offices plus a welcoming reception area. A kitchenette is also included, supporting a functional work environment for a variety of professional needs.
The suite is located directly on Little River Turnpike and offers visibility and convenient access. Parking is positioned right in front of the unit, supporting easy arrivals for staff and visitors.
The space presents a clean, professional environment and is described as ready for immediate occupancy.
The suite is located directly on Little River Turnpike and offers visibility and convenient access. Parking is positioned right in front of the unit, supporting easy arrivals for staff and visitors.
The space presents a clean, professional environment and is described as ready for immediate occupancy.
Key Highlights
- First‑floor office suite in a building built in 1988
- Includes several private offices plus a reception area
- Kitchenette included in the suite
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 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.03M
$4.40M – $5.87M
NOI $352,107 @ 7.0% cap · market cap 78.25%
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-floor office suite with private offices, reception area, and kitchenette, with parking directly in front.
Where is this office units located?
The property is located at 7002 Little River Turnpike 1d Annandale, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: First‑floor office suite in a building built in 1988; Includes several private offices plus a reception area; Kitchenette included in the suite
