Office Building with Off-Street
For Sale
$850,000
2501 N Glebe Road Suites 303 & 304, Arlington, VA 22207
Two office suites offer ample off-street parking for employees, clients, and visitors.
Property Size2,265 SF
Days on Market34
Property Features for 2501 N Glebe Road Suites 303 & 304
General Information
Standard status
Active
Size
2,265 SF
Property subtype
Office
Building Details
Building Size
2,265 SF
Listing Agency:
Coldwell Banker Elite
(443) 340-5966
Listed By:
Cameron Coleman
(443) 340-5966
Source:
Cbcworldwide
Added: Jul 30
Changed: Aug 11
Last Checked: Aug 31 at 12:33PM
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 Coldwell Banker Elite
Investment Insights
Based on property information with market context.
Office space is available in Suites 303 and 304 at 2501 N Glebe Road in Arlington, Virginia. The property offers ample off-street parking for employees, clients, and visitors.
The building is near established residential neighborhoods, retail amenities, and restaurants. Access to major commuter routes provides connectivity throughout Northern Virginia and Washington, D.C.
The building is near established residential neighborhoods, retail amenities, and restaurants. Access to major commuter routes provides connectivity throughout Northern Virginia and Washington, D.C.
Key Highlights
- Suites 303 & 304 at 2501 N Glebe Road, Arlington, VA 22207
- Ample off‑street parking for employees, clients, and visitors
- Near established residential neighborhoods, retail amenities, and restaurants
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
$30,403
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
3.58%
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%
$608,060
$608.1K
Cap Rate 7%
$434,329
$434.3K
Cap Rate 9%
$337,811
$337.8K
Market Conditions
NOI Build-Up for 2,265 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
$49.7K $21.96/SF
− Vacancy
−$9.2K −$4.06/SF
EGI
$40.5K $17.90/SF
− OpEx
−$10.1K −$4.47/SF
NOI
$30.4K $13.42/SF
Area
Arlington, VA
Vacancy
18.50%
Lease Rate
$21.96 /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%
$608,060
Cap Rate 7%
$434,329
Cap Rate 9%
$337,811
Alternative Uses
Best Use
Office B
$434.3K
$380.0K – $506.7K
NOI $30,403 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,063 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
Explore this area
Business Placement
Demographics for 22207, VA
33,734
Population
12,740
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
5,190
Density / Sq Mi
$237,126
Median Household Income
$112,186
Median Earnings
$2,305
Median Rent
$1,201,800
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 - Two office suites offer ample off-street parking for employees, clients, and visitors.
Where is this office building located?
The property is located at 2501 N Glebe Road Suites 303 & 304 Arlington, VA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Suites 303 & 304 at 2501 N Glebe Road, Arlington, VA 22207; Ample off‑street parking for employees, clients, and visitors; Near established residential neighborhoods, retail amenities, and restaurants
