Medical Office
For Sale
$1,900,000
1830 TOWN CENTER DR #205 205, Reston, VA 20190
Second-floor medical suite configured for pediatric care with multiple exam rooms and dedicated clinical support areas.
Property Size6,024 SF
Price / SF$315.41
Days on Market51
Property Features for 1830 TOWN CENTER DR #205 205
General Information
Standard status
Active
Size
6,024 SF
Additional Details
Floor
2
Office Units
1
Amenities
covered patient drop-off
Building Details
Parking Ratio
5.73 per 1,000 SF
Listing Agency:
Transwestern Real Estate Services
(301) 896-9111
Listed By:
James Cardellicchio
(703) 389-1062
Source:
Imanirealtors
Added: Aug 26
Changed: Oct 7
Last Checked: Oct 14 at 10:46PM
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 Transwestern Real Estate Services
Investment Insights
Based on property information with market context.
Suite 205 is a 6,024-square-foot medical condominium occupying half of the second floor at Reston Hospital Center. The existing layout includes 18 exam rooms, two waiting rooms, seven offices, one lab, and four restrooms within the suite. The current configuration serves a pediatrics practice and faces the hospital campus.
The property is located at 1830 Town Center Drive in Reston, Virginia, with direct access to Reston Hospital Center and proximity to Reston Town Center. A covered patient drop-off area supports arrivals, while 573 lined parking spaces are available on site. Complementary medical practices are also located on the campus.
The property is located at 1830 Town Center Drive in Reston, Virginia, with direct access to Reston Hospital Center and proximity to Reston Town Center. A covered patient drop-off area supports arrivals, while 573 lined parking spaces are available on site. Complementary medical practices are also located on the campus.
Key Highlights
- 6,024 SF medical condominium in Suite 205
- 18 exam rooms, 2 waiting rooms, 7 offices, and 1 lab
- Four restrooms located within the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,033
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,280,660
$2.3M
Cap Rate 7%
$1,629,043
$1.6M
Cap Rate 9%
$1,267,033
$1.3M
Market Conditions
NOI Build-Up for 6,024 SF
Gross rent
$177.8K $29.52/SF
− Vacancy
−$25.8K −$4.28/SF
EGI
$152.0K $25.24/SF
− OpEx
−$38.0K −$6.31/SF
NOI
$114.0K $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%
$2,280,660
Cap Rate 7%
$1,629,043
Cap Rate 9%
$1,267,033
Alternative Uses
Best Use
Office B
$1.63M
$1.43M – $1.90M
NOI $114,033 @ 7.0% cap · market cap 6.00%
Second Best
Healthcare Medical
$1.57M
$1.37M – $1.83M
NOI $109,768 @ 7.0% cap · market cap 5.78%
Theoretical Best
Specialty Retail
$25.25M
$22.09M – $29.46M
NOI $1,767,577 @ 7.0% cap · market cap 93.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Just Cats Clinic — 11401 N Shore Dr, Reston, VA 20190
Frequently Asked Questions
What type of property is this?
Medical Office Space - Second-floor medical suite configured for pediatric care with multiple exam rooms and dedicated clinical support areas.
Where is this medical office space located?
The property is located at 1830 TOWN CENTER DR #205 205 Reston, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 6,024 SF medical condominium in Suite 205; 18 exam rooms, 2 waiting rooms, 7 offices, and 1 lab; Four restrooms located within the suite
