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Free Standing Office Building
For Sale
$5,300,000

5328 Lee Hwy, Arlington, VA 22207

Office building for sale in Arlington, Virginia.

Property Size13,440 SF
Price / SF$394.35
Days on Market319

Property Features for 5328 Lee Hwy

General Information

Standard status Active
Size 13,440 SF
Class B
Property subtype Office

Building Details

Building Size 13,440 SF
Listing Agency: KLNB - Tysons
Listed By: Marc Tasker
Source: Naiglobal
Added: Nov 21, 2025 Changed: Oct 3 Last Checked: Oct 5 at 3:19PM

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 KLNB - Tysons

Investment Insights

Based on property information with market context.

This is a free-standing office building. The property has a size of 13,440 square feet and is located in Arlington, Virginia.

Key Highlights

  • Free standing office building
  • Small building
  • Office building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$180,406
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,608,120 $3.6M
Cap Rate 7%
$2,577,229 $2.6M
Cap Rate 9%
$2,004,511 $2.0M
Market Conditions
NOI Build-Up for 13,440 SF
Gross rent
$295.1K $21.96/SF
− Vacancy
−$54.6K −$4.06/SF
EGI
$240.5K $17.90/SF
− OpEx
−$60.1K −$4.47/SF
NOI
$180.4K $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%
$3,608,120
Cap Rate 7%
$2,577,229
Cap Rate 9%
$2,004,511

Alternative Uses

Best Use
Office B
$2.58M
$2.26M – $3.01M (±1% cap)
NOI $180,406 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.46M
$6.53M – $8.71M (±1% cap)
NOI $522,547 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Dante Consulting Inc Business Management Consultant

Suggested Use

Top Pick Law Firm Building Supply Electrical Service HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,768
Businesses Nearby

Demographics for 22207, VA

33,734
Population
12,740
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
5,190
Density / Sq Mi
$237,126
Median Household Income
$112,186
Median Earnings
$2,305
Median Rent
$1,201,800
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
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Frequently Asked Questions

What type of property is this?
Office building - Office building for sale in Arlington, Virginia.
Where is this office building located?
The property is located at 5328 Lee Hwy Arlington, VA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Free standing office building; Small building; Office building
More about this property
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