Bright First-Floor Office
3930 Pender Drive # 175, Fairfax, VA 22030
For Sale
Contact for pricing
Move-in-ready workspace with conference room, executive offices, kitchen, and semi-private work areas.
Property Size70,351 SF
Price / SF$0.06
Days on Market53
Property Features for 3930 Pender Drive # 175
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Zoning
Lease Term
Space & Availability
Floor
Furnished
Amenities
24/7 access
cafe
Carpet,Hardwood
Electric
1
Yes
2262
4
2
10' to 12'
Level
Public
0.00
No
Assessor
Parking Lot
Handicap Parking,Lighted Parking,Paved Parking,Surface,Unassigned
230
70351.00
Building Details
Year Built
Tenancy
Listing Agency:
RE/MAX Gateway, LLC
(703) 652-5760
Listed By:
Paul M Mandell · License VA #0225208379
(703) 598-2753
Source:
Thetristaterealestategroup
Added: Sep 22
Changed: Nov 11
Last Checked: Nov 12 at 5:43AM
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 RE/MAX Gateway, LLC
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Investment Insights
Based on property information with market context.
This first-floor office suite is arranged for immediate occupancy with a reception area, conference room accommodating up to 10 people, two executive offices, a server and utility room with server rack, kitchen, and eight semi-private workspaces. The kitchen includes a dishwasher, refrigerator, and microwave, while the suite combines carpet and hardwood flooring. Furniture may remain if desired.
The property is near Rt 50 and Rt 66 in Fairfax, with a paved surface parking lot, handicap parking, lighted parking, and building access available 24/7. Two elevators serve the building, and both first-floor HVAC systems are brand new. A café occupies the adjoining suite. The suite is subject to a full-service lease structure, excluding Verizon FIOS and cleaning.
The property is near Rt 50 and Rt 66 in Fairfax, with a paved surface parking lot, handicap parking, lighted parking, and building access available 24/7. Two elevators serve the building, and both first-floor HVAC systems are brand new. A café occupies the adjoining suite. The suite is subject to a full-service lease structure, excluding Verizon FIOS and cleaning.
Key Highlights
- First‑floor office suite with reception area and eight semi‑private workspaces
- Conference room configured for seating up to 10 people
- Two executive offices plus server room with server rack
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,331,723
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,634,460
$26.6M
Cap Rate 7%
$19,024,614
$19.0M
Cap Rate 9%
$14,796,922
$14.8M
Market Conditions
NOI Build-Up for 70,351 SF
Gross rent
$2.08M $29.52/SF
− Vacancy
−$301.1K −$4.28/SF
EGI
$1.78M $25.24/SF
− OpEx
−$443.9K −$6.31/SF
NOI
$1.33M $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%
$26,634,460
Cap Rate 7%
$19,024,614
Cap Rate 9%
$14,796,922
Alternative Uses
Best Use
Office B
$19.02M
$16.65M – $22.20M
NOI $1,331,723 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$39.07M
$34.19M – $45.59M
NOI $2,735,247 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
Explore this area
Business Placement
Demographics for 22030, VA
60,431
Population
21,758
Households
2.8
Avg Household Size
34
Median Age
67%
College-Educated
94%
High-School Grad
19.4 sq mi
ZIP Area
3,115
Density / Sq Mi
$139,885
Median Household Income
$61,628
Median Earnings
$2,242
Median Rent
$700,700
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Fairfax, VA
Properties on Market for Office Units in Fairfax
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Move-in-ready workspace with conference room, executive offices, kitchen, and semi-private work areas.
Where is this office unit located?
The property is located at 3930 Pender Drive # 175 Fairfax, VA.
What are key features of this property?
This property features: First‑floor office suite with reception area and eight semi‑private workspaces; Conference room configured for seating up to 10 people; Two executive offices plus server room with server rack
