Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5860 Trinity Center Pkwy Centreville, VA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space with lake views and tenant-focused amenities.

    Type:OFFICE
    Property size:
    26,082 SF
    Lot size:
    22.31 Acres
    Added:
    Nov 12, 2024
    Days on Market:
    525
    Last Refresh:
    Apr 5 at 10:03 pm

    Property Features for 5860 Trinity Center Pkwy

    General Information

    Standard status
    Active
    Size
    26,082 SF
    Lot size
    22.31 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 5860 Trinity Center Pkwy Contact us

    We can help!

    Listing Contact
    Michael Shuler
    Michael Shuler

    Listing agent Michael Shuler

    Listing office Avison Young | Tysons

    Listing date Nov 12, 2024

    Source Moodyscre

    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 Avison Young | Tysons

    Overview

    Trinity Centre Parkway Office Space

    This office space, located at 5860 Trinity Centre Parkway, Centreville, VA, offers 26,082 square feet for rent. The property benefits from a capital enhancement program and tenant-focused ownership. It features dramatic lake views and finished ceiling heights of 9' to 10'. An on-site café and a proposed tenant-only conference center are available. The property has an Energy Star rating. Common spaces have been newly renovated and include a patio, outdoor seating, a fire pit, and lakefront dining. Multiple amenities are located within the park, including three restaurants, a 140-room hotel, numerous housing options, and a premiere Lifetime Fitness Center.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Centreville
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.4667
    Latitude
    38.8595

    Nearby Similar for Lease

    • Contact for pricing

      Centreville Office Space Available

      Versatile office space suitable for medical or professional use.
      5717 CENTRE SQUARE Drive, CENTREVILLE, VA 20120
      View Details
    • $23/mo

      Move-In Ready End-Unit Office

      Prime office space suitable for educational or medical use.
      14631 ROUTE 29, CENTREVILLE, VA 20121
      View Details
    • Contact for pricing

      Route 28 Commercial Storage Opportunity

      Commercial storage opportunity on Route 28 at Fairfax border.
      7117 Centreville Rd, CENTREVILLE, VA 20121
      View Details
    • Contact for pricing

      Restaurant Space For Lease

      2,784 SF second generation restaurant space available for lease.
      5037 - 5135 Westfields Boulevard, Centreville, VA 20120
      View Details
    • Contact for pricing

      Office Suites in Village Center

      Office suites for lease with elevator access in Centreville.
      5675 Stone Road #200, CENTREVILLE, VA 20120
      View Details
    • $28/mo

      Centreville Office Space For Rent

      Office space available for lease in Centreville, Virginia.
      13810-13860 Braddock Rd, Centreville, VA
      View Details
    • $24/mo

      Centreville Office Space For Rent

      Office space available in a convenient shopping destination.
      5667-5675 Stone Rd, Centreville, VA
      View Details
    • $32/mo

      Centreville Office Space for Rent

      Office space with lake views, amenities, and tenant-focused ownership.
      5875 Trinity Pkwy, Centreville, VA
      View Details
    • $28/mo

      Centreville Office Space Available

      969 SF office space for rent in Centreville, VA.
      13890 Braddock Rd, Centreville, VA
      View Details
    • Contact for pricing

      Turn-Key Dental/Medical Office Space

      Move-in ready, plumbed for dental, ideal for medical practices.
      14701 Lee Hwy, Centreville, VA 20121
      View Details
    • Contact for pricing

      Retail and Restaurant Spaces Available

      Retail and restaurant spaces for lease with high visibility.
      5077-5111 Westfields Blvd, Centreville, VA
      View Details
    • Contact for pricing

      Retail and Restaurant Spaces Available

      Retail and restaurant spaces for lease with high visibility.
      5035 Westfields Blvd, Centreville, VA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with lake views and tenant-focused amenities.
    Where is this office units located?
    The property is located at 5860 Trinity Center Pkwy Centreville, VA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Dramatic views of the lake; **Newly renovated common space with patio, outdoor seating, fire pit, and lake front dining**; On‑site café, concierge and proposed tenant‑only conference center
    (703) 629-5600 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Shuler
    Michael Shuler
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!