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Office Units in Three-Story Building
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297-299 Herndon Pkwy, Herndon, VA 20170

Four individually metered suites in an accessible office condominium serving professional, medical, therapy, and wellness users.

Space Size820 SF - 1,286 SF
Property Size18,000 SF
Days on Market2

Property Features for 297-299 Herndon Pkwy

General Information

Standard status Active
Size 820 SF - 1,286 SF
Net Rentable 820 SF
Class B
Total Parking Spaces 120
Property subtype Office
Lease Type Modified Gross
Lease Term Modified Gross + Electric

Space & Availability

Available Space 820-1,286 SF
Space Use Office
Sublease No

Lease Terms

Monthly Rent $1,517-$2,507
Rent per SF/Year $22.20-$23.40
Lease Term 36 months

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

wheelchair accessible

Building Details

Building Size 18,000 SF
Year Built 1987
Stories 3
Tenancy Multi
Parking Ratio 5 per 1,000 SF

Spaces For Lease

at 297-299 Herndon Pkwy Contact us

Suite 104 $1.95/SF/Mo

Size
933 SF
Type
Office Condo
Term
36 months
Contact us

Suite 208 $1.95/SF/Mo

Size
907 SF
Type
Office Condo
Term
36 months
Contact us

Suite 210 $1.95/SF/Mo

Size
820 SF
Type
Office Condo
Term
36 months
Contact us

Suite 303 $1.85/SF/Mo

Size
1,286 SF
Type
Office Condo
Term
36 months
Contact us
Listing Agency: Vaaler Commercial Real Estate
Listed By: Rich Vaaler · License #0225198687
Source: Vaaler
Added: Sep 11 Last Checked: Sep 12 at 6:39AM

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 Vaaler Commercial Real Estate

Investment Insights

Based on property information with market context.

Four office suites are available within a three-story, Class B office condominium at 297-299 Herndon Pkwy. Suite sizes range from 820 SF to 1,286 SF, with available spaces identified as 104, 208, 210, and 303. Each suite is individually metered, and paint and carpet refreshes are available. The property is wheelchair accessible and includes 120 surface parking spaces, or 5.0 per 1,000 SF.

The building has an established tenant mix that includes insurance, accounting and tax, therapy, wellness, and other professional firms. Its Herndon Parkway setting provides access to the Dulles Toll Road, Route 28, Fairfax County Parkway, and Silver Line Herndon Station. Three-year lease terms are preferred, with 3% annual escalations. The modified gross structure places real estate taxes, insurance, condominium common-area costs, and water/sewer with the landlord, while tenants pay suite electric and janitorial service.

Key Highlights

  • Four available suites: 820 SF, 907 SF, 933 SF and 1,286 SF
  • Three‑story Class B office condominium at 297‑299 Herndon Pkwy
  • 120 surface parking spaces; 5.0 per 1,000 SF

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

Multi-tenant
Tenancy
Yes
Highway access
Modified Gross
Lease Type

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

$21.78 /SF/Yr
Avg Asking Price
$4.08–$36 /SF/Yr
Price Range
16,256 SF
Avg Space Size

This space is priced 5% above the average of $21.78 /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
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Frequently Asked Questions

What type of property is this?
Office units - Four individually metered suites in an accessible office condominium serving professional, medical, therapy, and wellness users.
Where is this office units located?
The property is located at 297-299 Herndon Pkwy Herndon, VA.
What are key features of this property?
This property features: Four available suites: 820 SF, 907 SF, 933 SF and 1,286 SF; Three‑story Class B office condominium at 297‑299 Herndon Pkwy; 120 surface parking spaces; 5.0 per 1,000 SF
More about this property
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