Medical Office Condominium
For Sale
Contact for pricing
1719-1721 Financial Loop, Woodbridge, VA 43802
Two contiguous condominium units operate together as a leased medical-office suite with contractual annual rent increases.
Property Size2,686 SF
Price / SF$274.76
Days on Market54
Property Features for 1719-1721 Financial Loop
General Information
Standard status
Active
Size
2,686 SF
Property subtype
Office
Net Operating Income
$72,611
Financials
Asking Price
$738,000
Cap Rate
9.84%
Additional Details
Office Units
2
Building Details
Year Built
1988
Tenancy
Single
Owner Occupied
No
Listing Agency:
Mid-Atlantic Acquisitions Inc
Listed By:
Cornell Dayne · License #VA 0225100998
Source:
Crexi
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 24 at 2:45PM
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 Mid-Atlantic Acquisitions Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering combines two separately deeded office condominiums within the Independent Executive Center. Each unit contains 1,343 SF, creating 2,686 SF of contiguous medical-office space that currently functions as a single integrated suite. The property was built in 1988 and is leased under one agreement to U.S. Foot and Ankle Specialists, LLC.
The office is situated in the Woodbridge / Lake Ridge area west of I-95, within a road network connecting Old Bridge Road, VA 123, Prince William Parkway, and U.S. 1. The two condominium interests are being conveyed together, while the existing operating arrangement provides one tenant and one combined lease. A five-year lease extension was exercised in February 2026, and base rent is scheduled to increase 3.0% annually.
The office is situated in the Woodbridge / Lake Ridge area west of I-95, within a road network connecting Old Bridge Road, VA 123, Prince William Parkway, and U.S. 1. The two condominium interests are being conveyed together, while the existing operating arrangement provides one tenant and one combined lease. A five-year lease extension was exercised in February 2026, and base rent is scheduled to increase 3.0% annually.
Key Highlights
- 2,686 SF combined property area across two 1,343 SF condominium units
- Two contiguous, separately deeded office condominiums conveyed together
- Current medical‑office suite leased under one combined agreement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,367
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,340
$947.3K
Cap Rate 7%
$676,671
$676.7K
Cap Rate 9%
$526,300
$526.3K
Market Conditions
NOI Build-Up for 2,686 SF
Gross rent
$65.1K $24.24/SF
− Vacancy
−$2.0K −$0.73/SF
EGI
$63.2K $23.51/SF
− OpEx
−$15.8K −$5.88/SF
NOI
$47.4K $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 Rate 5%
$947,340
Cap Rate 7%
$676,671
Cap Rate 9%
$526,300
Alternative Uses
Best Use
Office B
$676.7K
$592.1K – $789.5K
NOI $47,367 @ 7.0% cap · market cap 6.42%
Second Best
Healthcare Medical
$586.6K
$513.3K – $684.4K
NOI $41,063 @ 7.0% cap · market cap 5.56%
Theoretical Best
Specialty Retail
$788.8K
$690.2K – $920.3K
NOI $55,218 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Tackett's Mill Veterinary Hospital — 12793 Harbor Dr, Woodbridge, VA 22192
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two contiguous condominium units operate together as a leased medical-office suite with contractual annual rent increases.
Where is this medical office space located?
The property is located at 1719-1721 Financial Loop Woodbridge, VA.
What is the asking price?
The asking price for this property is $738,000.
What are key features of this property?
This property features: 2,686 SF combined property area across two 1,343 SF condominium units; Two contiguous, separately deeded office condominiums conveyed together; Current medical‑office suite leased under one combined agreement
