Office Suite in Professional
For Sale
$235,000
5697 Columbia Pike #3404-102, Falls Church, VA 22041
For sale office suite within Rock Spring Professional Center, suitable for professional tenants seeking an established workspace.
Property Size860 SF
Price / SF$273.26
Days on Market153
Property Features for 5697 Columbia Pike #3404-102
General Information
Standard status
Active
Size
860 SF
Total Parking Spaces
3
Zoning
420
Taxes and HOA fees
Annual Taxes
$3,003
Amenities
Central Air
Electric
Electric Water Heater
Building Details
Building Size
860 SF
Year Built
1989
Listing Agency:
SEN Investment Realty
Listed By:
Tae W Lee
(703) 589-6032
Source:
Evrealestate
Added: May 27
Changed: Oct 25
Last Checked: Oct 24 at 5:41PM
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 SEN Investment Realty
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Investment Insights
Based on property information with market context.
This offering is an office suite located within Rock Spring Professional Center. The property is presented for sale as a small, dedicated office unit, making it practical for professionals looking for a defined space rather than a shared arrangement.
The suite is addressed at 5697 Columbia Pike #3404-102 in Falls Church, Virginia, in Fairfax County. Access directions are provided from Route 7, traveling east on Columbia Pike for two blocks, with the professional center on the right.
Because the space is specifically configured as an office unit within an established professional center, it may fit well for legal, accounting, consulting, administrative, or other office-based users. For buyers, the controlled, suite-based format can be helpful when planning an office footprint for an operating business or an office-tenanted investment strategy, subject to buyer due diligence.
The suite is addressed at 5697 Columbia Pike #3404-102 in Falls Church, Virginia, in Fairfax County. Access directions are provided from Route 7, traveling east on Columbia Pike for two blocks, with the professional center on the right.
Because the space is specifically configured as an office unit within an established professional center, it may fit well for legal, accounting, consulting, administrative, or other office-based users. For buyers, the controlled, suite-based format can be helpful when planning an office footprint for an operating business or an office-tenanted investment strategy, subject to buyer due diligence.
Key Highlights
- Office suite in Rock Spring Professional Center
- Central air cooling
- Electric heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,280
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,600
$325.6K
Cap Rate 7%
$232,571
$232.6K
Cap Rate 9%
$180,889
$180.9K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$25.4K $29.52/SF
− Vacancy
−$3.7K −$4.28/SF
EGI
$21.7K $25.24/SF
− OpEx
−$5.4K −$6.31/SF
NOI
$16.3K $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%
$325,600
Cap Rate 7%
$232,571
Cap Rate 9%
$180,889
Alternative Uses
Best Use
Office B
$232.6K
$203.5K – $271.3K
NOI $16,280 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.60M
$3.15M – $4.21M
NOI $252,343 @ 7.0% cap · market cap 107.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 22041, VA
28,039
Population
11,567
Households
2.4
Avg Household Size
36
Median Age
47%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
10,014
Density / Sq Mi
$91,075
Median Household Income
$46,350
Median Earnings
$1,913
Median Rent
$432,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - For sale office suite within Rock Spring Professional Center, suitable for professional tenants seeking an established workspace.
Where is this office unit located?
The property is located at 5697 Columbia Pike #3404-102 Falls Church, VA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Office suite in Rock Spring Professional Center; Central air cooling; Electric heating
