5528 Hempstead Way Unit 24G, Springfield, VA 22151
Turnkey suite with multiple treatment rooms, two updated bathrooms, and updated major systems.
- Added:
- May 22, 2026
- Days on Market:
- 24
- Last Refresh:
- Jun 14 at 2:10 am
Property Features for 5528 Hempstead Way Unit 24G
General Information
- Standard status
- Active
- Size
- 1,592 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing agent Farzad Maghsoudi (703) 508-0835
Listing office RE/MAX Galaxy (703) 508-0835
Listing date May 22, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Galaxy
HighLights
- 1,595 SF renovated office suite currently configured as an acupuncture and wellness clinic.
- Flexible layout includes a reception area, 6 private offices/treatment rooms, and a dedicated break room with quartz‑finished kitchenette.
- Two separate entrances for staff and client privacy.
- Two updated bathrooms with marble tile; commercial‑grade LVP flooring and recessed lighting with smart‑dimmer technology.
- Major systems updated: HVAC (2017) and water heater (2022); central air included.
- Condo fee is $310/month for cleaning and area maintenance; located near The St. James and the I‑95/395/495 interchange.
Overview
The property is located near The St. James and the I-95/395/495 interchange, supporting convenient regional access. Notably, the suite has two separate entrances designed to support staff and client privacy.
For buyers seeking a move-in ready professional space, the combination of private rooms, dedicated reception, and updated mechanicals makes the suite well suited for medical or wellness operators. Recent major system updates include HVAC from 2017 and a water heater from 2022. Condo fees are noted at $310 per month, which includes cleaning and area maintenance.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $29.52 |
| − Vacancy | −$6.8k | −$4.28 |
| EGI | $40.2k | $25.24 |
| − OpEx | −$10.0k | −$6.31 |
| NOI | $30.1k | $18.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.1864371
- Latitude
- 38.7998853