Windowed Office
1800 MICHAEL FARADAY DRIVE, Reston, VA 20190
For Sale
Contact for pricing
Second-floor office unit with private offices, reception, conference, kitchenette, restroom, and on-site parking.
Property Size1,705 SF
Price / SF$2.12
Days on Market58
Property Features for 1800 MICHAEL FARADAY DRIVE
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Public Transit
Additional Details
Floor
Amenities
reception area
conference room
copy room
kitchenette
private restroom
Building Details
Year Built
Tenancy
Listing Agency:
Keller Williams Realty/Lee Beaver & Assoc.
(703) 330-2222
Listed By:
Edward A. Martin · License #5427792
(703) 867-3350
Source:
Cummingsrealtors
Added: Sep 13
Changed: Nov 8
Last Checked: Nov 8 at 6:48AM
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 Keller Williams Realty/Lee Beaver & Assoc.
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Investment Insights
Based on property information with market context.
This 1,705-square-foot second-floor office condo, built in 1981, is configured with six private offices featuring windows, a reception area, conference room, copy room, kitchenette, and private restroom. The layout also includes a window wall connecting the reception area and conference room, supporting a professional, functional workplace arrangement.
On-site parking is available, with signalized access to Sunset Hills Road for convenient entry and exit. The property is a short walk from the Wiehle-Reston East Metro station in Reston, Virginia.
On-site parking is available, with signalized access to Sunset Hills Road for convenient entry and exit. The property is a short walk from the Wiehle-Reston East Metro station in Reston, Virginia.
Key Highlights
- 1,705‑square‑foot second‑floor office condo
- Six private, window‑lined offices
- Reception area, conference room, copy room, kitchenette, and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,275
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,500
$645.5K
Cap Rate 7%
$461,071
$461.1K
Cap Rate 9%
$358,611
$358.6K
Market Conditions
NOI Build-Up for 1,705 SF
Gross rent
$50.3K $29.52/SF
− Vacancy
−$7.3K −$4.28/SF
EGI
$43.0K $25.24/SF
− OpEx
−$10.8K −$6.31/SF
NOI
$32.3K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,500
Cap Rate 7%
$461,071
Cap Rate 9%
$358,611
Alternative Uses
Best Use
Office B
$461.1K
$403.4K – $537.9K
NOI $32,275 @ 7.0% cap · market cap 890.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.15M
$6.25M – $8.34M
NOI $500,285 @ 7.0% cap · market cap 13,808.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 20190, VA
20,957
Population
12,180
Households
1.7
Avg Household Size
40
Median Age
72%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,763
Density / Sq Mi
$126,928
Median Household Income
$83,750
Median Earnings
$2,241
Median Rent
$568,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Reston, VA
Properties on Market for Office Units in Reston
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office unit with private offices, reception, conference, kitchenette, restroom, and on-site parking.
Where is this office unit located?
The property is located at 1800 MICHAEL FARADAY DRIVE Reston, VA.
What are key features of this property?
This property features: 1,705‑square‑foot second‑floor office condo; Six private, window‑lined offices; Reception area, conference room, copy room, kitchenette, and private restroom
