Finished Corner Office
For Sale
$799,900
24805 PINEBROOK Rd 315, Chantilly, VA 20152
Finished corner office unit with ample natural light.
Property Size2,148 SF
Price / SF$372.39
Days on Market165
Property Features for 24805 PINEBROOK Rd 315
General Information
Standard status
Active
Size
2,148 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,663
Building Details
Year Built
2009
Listing Agency:
PREMIERE REALTY
(571) 439-9000
Listed By:
Jue Wang
(571) 439-9000
Source:
Elliman
Added: Mar 11
Changed: Aug 10
Last Checked: Aug 22 at 6:52AM
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 PREMIERE REALTY
Investment Insights
Based on property information with market context.
This finished corner unit offers 2148 square feet of space. The layout features an open and bright environment with numerous windows. It includes four offices, one storage area, and a large open area in the middle.
Key Highlights
- Finished 2148 RSF corner unit
- Open and bright with many windows
- Four offices provide private workspaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,661
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$813,220
$813.2K
Cap Rate 7%
$580,871
$580.9K
Cap Rate 9%
$451,789
$451.8K
Market Conditions
NOI Build-Up for 2,148 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.4K $29.52/SF
− Vacancy
−$9.2K −$4.28/SF
EGI
$54.2K $25.24/SF
− OpEx
−$13.6K −$6.31/SF
NOI
$40.7K $18.93/SF
Area
Loudoun 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$813,220
Cap Rate 7%
$580,871
Cap Rate 9%
$451,789
Alternative Uses
Best Use
Office B
$580.9K
$508.3K – $677.7K
NOI $40,661 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$673.2K
$589.0K – $785.4K
NOI $47,122 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
Explore this area
Business Placement
Demographics for 20152, VA
37,013
Population
11,127
Households
3.3
Avg Household Size
35
Median Age
67%
College-Educated
94%
High-School Grad
13.3 sq mi
ZIP Area
2,783
Density / Sq Mi
$191,392
Median Household Income
$89,760
Median Earnings
$2,853
Median Rent
$708,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Finished corner office unit with ample natural light.
Where is this office units located?
The property is located at 24805 PINEBROOK Rd 315 Chantilly, VA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Finished 2148 RSF corner unit; Open and bright with many windows; Four offices provide private workspaces
