Office Suite with Reception
For Sale
$312,500
5051 BACKLICK ROAD #5051-B, Annandale, VA 22003
Well-laid-out office suite with an open reception area, multiple offices, and in-unit half bath plus ample parking.
Property Size1,000 SF
Price / SF$312.50
Days on Market109
Property Features for 5051 BACKLICK ROAD #5051-B
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Additional Details
Office Units
3
Building Details
Year Built
1984
Listing Agency:
CENTURY 21 New Millennium
(703) 556-4222
Listed By:
Gurdip K Mangat · License #604889
(703) 627-8067
Source:
Cummingsrealtors
Added: Jun 29
Changed: Oct 13
Last Checked: Oct 15 at 12:56AM
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 CENTURY 21 New Millennium
Investment Insights
Based on property information with market context.
This Springdale Professional Station office suite is configured with an open floor plan that supports flexible layout options for professional use. The space includes a large reception area, three offices, and one in-unit half bathroom, providing a practical mix of client-facing space and private work areas.
The property is located at 5051 Backlick Road, #5051-B, in Annandale, Virginia. Parking is available on site, supporting day-to-day access for employees and visitors.
Unit 5051-B is offered for sale, and Unit 5051-A is also for sale. You may purchase both units together or acquire either unit separately, which can be useful for organizations looking to consolidate space or scale within the same professional station. The current interior arrangement makes the suite straightforward for firms that need reception space along with a set of dedicated offices, while the open design provides room to adapt workflows to the way your team operates.
The property is located at 5051 Backlick Road, #5051-B, in Annandale, Virginia. Parking is available on site, supporting day-to-day access for employees and visitors.
Unit 5051-B is offered for sale, and Unit 5051-A is also for sale. You may purchase both units together or acquire either unit separately, which can be useful for organizations looking to consolidate space or scale within the same professional station. The current interior arrangement makes the suite straightforward for firms that need reception space along with a set of dedicated offices, while the open design provides room to adapt workflows to the way your team operates.
Key Highlights
- Built in 1984 commercial office suite
- Expansive open layout with a large reception area
- Includes 3 offices plus an in‑unit half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,930
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,600
$378.6K
Cap Rate 7%
$270,429
$270.4K
Cap Rate 9%
$210,333
$210.3K
Market Conditions
NOI Build-Up for 1,000 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%
$378,600
Cap Rate 7%
$270,429
Cap Rate 9%
$210,333
Alternative Uses
Best Use
Office B
$270.4K
$236.6K – $315.5K
NOI $18,930 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.19M
$3.67M – $4.89M
NOI $293,423 @ 7.0% cap · market cap 93.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
Demographics for 22003, VA
59,372
Population
19,497
Households
3
Avg Household Size
39
Median Age
51%
College-Educated
87%
High-School Grad
12.6 sq mi
ZIP Area
4,712
Density / Sq Mi
$134,109
Median Household Income
$54,906
Median Earnings
$1,988
Median Rent
$694,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Well-laid-out office suite with an open reception area, multiple offices, and in-unit half bath plus ample parking.
Where is this office units located?
The property is located at 5051 BACKLICK ROAD #5051-B Annandale, VA.
What is the asking price?
The asking price for this property is $312,500.
What are key features of this property?
This property features: Built in 1984 commercial office suite; Expansive open layout with a large reception area; Includes 3 offices plus an in‑unit half bath
