Medical Office
For Sale
$420,000
3930 Pender Dr Unit 330, Fairfax, VA 22030
Maintained condominium suite within Pender Professional Center with parking positioned at both the front and rear.
Property Size1,714 SF
Price / SF$245.04
Days on Market36
Property Features for 3930 Pender Dr Unit 330
General Information
Standard status
Active
Size
1,714 SF
Building Details
Year Built
1984
Listing Agency:
Grace Home Realty & Investment
(703) 642-6342
Listed By:
Claire Lee · License #0225082311
Source:
Lgagne
Added: Jul 26
Changed: Aug 30
Last Checked: Aug 30 at 1:38PM
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 Grace Home Realty & Investment
Investment Insights
Based on property information with market context.
This medical office condominium comprises 1,714 square feet within Pender Professional Center. Built in 1984, the suite is currently occupied by a pediatric clinic and offers a layout suited to medical, dental, or professional office use.
Parking is available at both the front and rear of the building. The property is located at 3930 Pender Dr, Unit 330, Fairfax, VA 22030. Showings require advance scheduling because the suite is occupied.
Parking is available at both the front and rear of the building. The property is located at 3930 Pender Dr, Unit 330, Fairfax, VA 22030. Showings require advance scheduling because the suite is occupied.
Key Highlights
- 1,714‑square‑foot medical office condominium
- Located within Pender Professional Center
- Currently occupied by a pediatric clinic
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
$32,446
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
7.73%
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%
$648,920
$648.9K
Cap Rate 7%
$463,514
$463.5K
Cap Rate 9%
$360,511
$360.5K
Market Conditions
NOI Build-Up for 1,714 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
$50.6K $29.52/SF
− Vacancy
−$7.3K −$4.28/SF
EGI
$43.3K $25.24/SF
− OpEx
−$10.8K −$6.31/SF
NOI
$32.4K $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 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%
$648,920
Cap Rate 7%
$463,514
Cap Rate 9%
$360,511
Alternative Uses
Best Use
Office B
$463.5K
$405.6K – $540.8K
NOI $32,446 @ 7.0% cap · market cap 7.73%
Second Best
Healthcare Medical
$446.2K
$390.4K – $520.5K
NOI $31,232 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$7.18M
$6.29M – $8.38M
NOI $502,926 @ 7.0% cap · market cap 119.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Stahl Exotic Animal Veterinary Services — 4105 Rust Rd, Fairfax, VA 22030
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- Hunter David DVM — 10860 Main St, Fairfax, VA 22030
- Jermantown Animal Hospital — 4035 Jermantown Rd, Fairfax, VA 22030
- Well Whiskers: Veterinary Holistic Care — 11230 Waples Mill Rd #125a, Fairfax, VA 22030
Frequently Asked Questions
What type of property is this?
Medical Office Space - Maintained condominium suite within Pender Professional Center with parking positioned at both the front and rear.
Where is this medical office space located?
The property is located at 3930 Pender Dr Unit 330 Fairfax, VA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,714‑square‑foot medical office condominium; Located within Pender Professional Center; Currently occupied by a pediatric clinic
