Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    208 Church St Se, Unit 200 Leesburg, VA 20175

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5,495 /Mo

    Move-in ready office suite in historic downtown Leesburg.

    Lot size:
    0.55 Acres

    Property Features for 208 Church St Se

    General Information

    Standard status
    Active
    Lot size
    0.55 Acres

    Building Details

    Year built
    1943

    We can help!

    Listing Contact
    Luke Rowand
    Source: Corcoran

    Listing Agency: ATLAS INVESTMENTS, LLC Listing Agent: Luke Rowand

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Office Space in Leesburg

    This renovated second-floor office suite is located in historic downtown Leesburg. The space features exposed beams, glass doors, fresh paint, new flooring, and modern finishes. The layout includes dedicated conference rooms, a remodeled kitchen, and updated bathrooms. On-site amenities include a coffee shop and parking. All utilities and common area maintenance are included. The property is located in a HUBZone, near Market Station, the Loudoun County Government Center, and dining options. The location benefits from strong foot traffic. The suite was fully modernized in 2020. The property is located in Loudoun County.
    Location Intelligence

    Current Use by Public Records

    SimplyBe Coffee Cafe & Coffee Shop Sell From Anywhere ... Advertising Agency Paige Hill Hair ... Hair Salon The Clothing Closet Clothing Store Mike Aron Visuals Photography Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5638217
    Latitude
    39.1127359

    Nearby Similar for Lease

    • $4,900 /Mo

      Prime Leesburg Retail/Office Space

      Two adjacent units in downtown Leesburg with high visibility.
      412 Madison Trade Plz SE, Leesburg, VA 20175
      View Details
    • $2,800 /Mo
      3,485 SF

      Historic Office in Downtown Leesburg

      Commercial office rental in the heart of downtown Leesburg.
      3 Royal St SE, Leesburg, VA 20175
      View Details
    • $29 SF/Yr
      28,314 SF

      Downtown Leesburg Office Space Available

      Office suites in historic downtown Leesburg near government center.
      305 Harrison St SE, Leesburg, VA 20175
      View Details
    • Sponsored
      Contact for pricing

      VA, Leesburg - Catoctin Cir

      Discover many ways to work your way in Fort Washington
      50 Catoctin Cir, Leesburg, VA 20176
      View Details
    • $900 /Mo

      Downtown Leesburg Renovated Office Space

      Renovated first-floor office space in Leesburg's Historic District.
      107 G, Leesburg, VA 20175
      View Details
    • $4,800 /Mo
      45,000 SF

      Office Space Available for Lease

      Office units for lease in Leesburg, VA with 45000 sqft.
      203 Harrison St, Leesburg, VA 20175
      View Details
    • Contact for pricing
      6,000 SF

      Prime Retail Pad Sites Available

      Two pad sites for restaurant, retail, or service uses.
      1400 Russell Br Pkwy SE, Leesburg, VA
      View Details
    • Contact for pricing
      5,800 SF

      Retail Space Near Walgreens

      Retail space available for ground lease or build to suit.
      422 Sycolin Rd SE, Leesburg, VA 20175
      View Details
    • Contact for pricing
      23,286 SF

      Retail Space in Leesburg, Virginia

      Spacious retail opportunity with high visibility and ample parking.
      37 Catoctin Cir SE, Leesburg, VA 20175
      View Details
    • Contact for pricing
      4,720 SF

      Retail Pad Site with Drive-Thru

      Highly visible retail building in Leesburg's major retail corridor.
      950 Edwards Ferry Rd Ne, Leesburg, VA 20176
      View Details
    • Contact for pricing
      22,000 SF

      Retail Pad Site with Drive-Thru

      Highly visible retail building in Leesburg, VA, with drive-thru.
      932 Edwards Ferry Rd Ne, Leesburg, VA 20176
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space with High Traffic

      Retail space with high visibility and easy toll road access.
      818-842 S King St, Leesburg, VA 20175
      View Details

    FAQs

    What type of property is this?
    Office units - Move-in ready office suite in historic downtown Leesburg.
    Where is this office units located?
    The property is located at 208 Church St Se, Unit 200 Leesburg, VA.
    What is the lease rate?
    The lease rate is $5,495 /Mo.
    What are key features of this property?
    This property features: - Prime Downtown Leesburg Location: High-visibility, walkable setting in the heart of historic Leesburg.; - Turnkey Renovated Office Suite: Fully modernized with updated finishes, new flooring, fresh paint, glass doors, remodeled kitchen and bathrooms.; - Functional Layout with Conference Rooms: Several dedicated conference rooms plus open collaborative areas.
    (703) 868-9131
    Request Owner's contact information
    208 Church St Se, Unit 200 Leesburg, VA 20175
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    208 Church St Se, Unit 200
    Leesburg, VA 20175
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 Church St Se, Unit 200 Leesburg, VA 20175
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Luke Rowand
    (703) 868-9131
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!