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4141 N Henderson Road, Arlington, VA 22203

Flexible ground- and plaza-level suites offer street access, natural light, and available parking.

Property Size34,120 SF
Days on Market137

Property Features for 4141 N Henderson Road

General Information

Standard status Active
Size 34,120 SF
Class B
Property subtype Office
Lease Term MG; NNN

Site & Location

Road Access Yes
Public Transit Yes

Building Details

Building Size 34,120 SF
Year Built 1974

Properties For Sale

at 4141 N Henderson Road Contact us

Suite 7

Size 865 SF
Term Negotiable
Contact us

Suite 8

Size 2,696 SF
Term Negotiable
Contact us

Plaza, Suite 9 & 9B

Size 939 SF
Term Negotiable
Contact us
Listing Agency: Divaris Real Estate, Inc
Listed By: Erik Ulsaker · License #0225097564
Source: Divaris
Added: Jun 3 Changed: Oct 9 Last Checked: Oct 16 at 6:04AM

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 Divaris Real Estate, Inc

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Investment Insights

Based on property information with market context.

Office suites are arranged across ground and plaza levels, with suite sizes ranging from 772 to 2,860 square feet. Ground-level spaces provide street access, and the largest configuration can be divided for flexible occupancy. Natural light is available throughout the suite offering, with parking provided on site.

Suite 3 on the plaza level includes five rooms, a reception area, and storage space. The property was built in 1974 and is located in Ballston, near metro service, with an Arlington address on North Henderson Road.

Key Highlights

  • 772–2,860 SF office suites
  • Ground- and plaza‑level configurations
  • Ground‑level suites offer street access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$457,994
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,159,880 $9.2M
Cap Rate 7%
$6,542,771 $6.5M
Cap Rate 9%
$5,088,822 $5.1M
Market Conditions
NOI Build-Up for 34,120 SF
Gross rent
$749.3K $21.96/SF
− Vacancy
−$138.6K −$4.06/SF
EGI
$610.7K $17.90/SF
− OpEx
−$152.7K −$4.47/SF
NOI
$458.0K $13.42/SF
Area
Arlington, VA
Vacancy
18.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,159,880
Cap Rate 7%
$6,542,771
Cap Rate 9%
$5,088,822

Alternative Uses

Best Use
Retail
$16.31M
$14.27M – $19.02M (±1% cap)
NOI $1,141,373 @ 7.0% cap · market cap 3,804,576.67%
Second Best
Office B
$6.54M
$5.72M – $7.63M (±1% cap)
NOI $457,994 @ 7.0% cap · market cap 1,526,646.67%
Theoretical Best
Specialty Retail
$18.95M
$16.58M – $22.11M (±1% cap)
NOI $1,326,586 @ 7.0% cap · market cap 4,421,953.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

C W Cobb ... Loan Service Tamara Vance Counselor Integrative Performance Gym & Fitness Center Myrta Z. Alonso, ... Physician Vanessa De La ... Counselor

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Bakery Electrical Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,778
Businesses Nearby

Demographics for 22203, VA

25,437
Population
14,528
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
95%
High-School Grad
1.6 sq mi
ZIP Area
15,898
Density / Sq Mi
$132,402
Median Household Income
$90,699
Median Earnings
$2,318
Median Rent
$809,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Office units - Flexible ground- and plaza-level suites offer street access, natural light, and available parking.
Where is this office units located?
The property is located at 4141 N Henderson Road Arlington, VA.
What are key features of this property?
This property features: 772–2,860 SF office suites; Ground- and plaza‑level configurations; Ground‑level suites offer street access
More about this property
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