Furnished Office
New
For Sale
$260,000
3709 S GEORGE MASON DR #C2E C2E, Falls Church, VA 22041
A ready-to-use professional suite includes private offices, a conference room, and furnishings for day-to-day operations.
Property Size999 SF
Price / SF$260.26
Days on Market7
Property Features for 3709 S GEORGE MASON DR #C2E C2E
General Information
Standard status
Active
Size
999 SF
Total Parking Spaces
2
Space & Availability
Floor
Lobby
Furnished
Yes
Additional Details
HOA Fee
$633.95
Amenities
24-hour front desk
fitness center
steam room
sauna
seasonal outdoor pool
sun decks
picnic area
billiard rooms
card room
party rooms
library
bicycle storage
Listing Agency:
TTR Sotheby's International Realty
(703) 745-1212
Listed By:
Lorraine Barclay Nordlinger
(202) 285-3935
Source:
Sandrasellstheshore
Added: Oct 19
Last Checked: Oct 24 at 5:33PM
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 TTR Sotheby's International Realty
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Investment Insights
Based on property information with market context.
Located on the lobby level of Skyline House, this approximately 999-square-foot office condominium is offered with furnishings and equipment. Its layout includes a reception area, three private offices, a conference room, a private bathroom, and a coffee area. The conference room has a granite table with seating for six to eight, while two wall-mounted 55-inch Smart TVs and computer and camera equipment support presentations and virtual meetings. A printer, monitors, keyboards, computers, and phones are also included.
Two reserved outdoor parking spaces, numbered 71 and 72, convey with the unit. Skyline House is a residential building with 556 units and offers shared amenities including a staffed front desk, fitness room, seasonal outdoor pool, sun decks, and meeting and recreation rooms.
Two reserved outdoor parking spaces, numbered 71 and 72, convey with the unit. Skyline House is a residential building with 556 units and offers shared amenities including a staffed front desk, fitness room, seasonal outdoor pool, sun decks, and meeting and recreation rooms.
Key Highlights
- Approximately 999 square feet on the lobby level of Skyline House
- Three private offices, reception area, conference room, private bathroom, and coffee area
- Two reserved outdoor parking spaces, numbers 71 and 72, convey with the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,911
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,220
$378.2K
Cap Rate 7%
$270,157
$270.2K
Cap Rate 9%
$210,122
$210.1K
Market Conditions
NOI Build-Up for 999 SF
Gross rent
$29.5K $29.52/SF
− Vacancy
−$4.3K −$4.28/SF
EGI
$25.2K $25.24/SF
− OpEx
−$6.3K −$6.31/SF
NOI
$18.9K $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%
$378,220
Cap Rate 7%
$270,157
Cap Rate 9%
$210,122
Alternative Uses
Best Use
Office B
$270.2K
$236.4K – $315.2K
NOI $18,911 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.19M
$3.66M – $4.89M
NOI $293,129 @ 7.0% cap · market cap 112.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 22041, VA
28,039
Population
11,567
Households
2.4
Avg Household Size
36
Median Age
47%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
10,014
Density / Sq Mi
$91,075
Median Household Income
$46,350
Median Earnings
$1,913
Median Rent
$432,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A ready-to-use professional suite includes private offices, a conference room, and furnishings for day-to-day operations.
Where is this office unit located?
The property is located at 3709 S GEORGE MASON DR #C2E C2E Falls Church, VA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Approximately 999 square feet on the lobby level of Skyline House; Three private offices, reception area, conference room, private bathroom, and coffee area; Two reserved outdoor parking spaces, numbers 71 and 72, convey with the unit
