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Office Suites with Shared Reception
For Lease
$600-$700/Mo

216-464 Herndon Pkwy, Herndon, VA 20170

Three private offices offer shared reception and conference space, with utilities and cleaning included.

Space Size100 SF - 120 SF
Days on Market839

Property Features for 216-464 Herndon Pkwy

General Information

Standard status Active
Size 100 SF - 120 SF
Net Rentable 100 SF
Lease Type Gross

Space & Availability

Available Space 100-120 SF
Space Use Office

Lease Terms

Monthly Rent $600-$700
Rent per SF/Year $70-$72
Utilities Included in Rent unspecified utilities

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

reception area
coffee bar
conference table
cleaning service
Listing Agency: Anderson Commercial Real Estate, Inc.
Listed By: Ian S Anderson
Source: Exprealty
Added: Jul 15, 2024 Changed: Oct 27 Last Checked: Oct 30 at 4:27PM

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 Anderson Commercial Real Estate, Inc.

Rey
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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.

Three office suites are available at Springwood Professional Center on Herndon Parkway. Options include a 10' x 10' office, a furnished 10' x 11' office, and a 10' x 12' office. Tenants have use of a reception area, a conference table, and a Keurig coffee bar. Condo fees, real estate taxes, utilities, and cleaning service are included, and access is available at any time.

The property is less than half a mile from the new Metro station. Shops and restaurants are within walking distance, and the building is near Fairfax County Parkway, the Dulles Toll Road, Spring Street, Elden Street, and Sunset Hills Road, with Reston also nearby.

Key Highlights

  • Three available offices: 10' x 10', furnished 10' x 11', and 10' x 12'
  • Shared reception area, conference table, and Keurig coffee bar
  • Condo fees, real estate taxes, utilities, and cleaning service included

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$10.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,675
Businesses Nearby

Demographics for 20170, VA

42,756
Population
14,084
Households
3
Avg Household Size
36
Median Age
57%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
4,859
Density / Sq Mi
$157,875
Median Household Income
$59,119
Median Earnings
$2,224
Median Rent
$625,600
Median Home Value

Market

Lease Benchmarks for Herndon, VA

$27.76 /SF/Yr
Avg Asking Price
$4.08–$72 /SF/Yr
Price Range
20,305 SF
Avg Space Size

This space is priced 156% above the average of $27.76 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Three private offices offer shared reception and conference space, with utilities and cleaning included.
Where is this office unit located?
The property is located at 216-464 Herndon Pkwy Herndon, VA.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: Three available offices: 10' x 10', furnished 10' x 11', and 10' x 12'; Shared reception area, conference table, and Keurig coffee bar; Condo fees, real estate taxes, utilities, and cleaning service included
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