Office Unit With Private
For Sale
$550,000
5985 Columbia Pike Unit 300, Falls Church, VA 22041
Third-floor commercial suite with elevator access, signage availability, and an in-suite restroom.
Property Size1,524 SF
Price / SF$360.89
Days on Market93
Property Features for 5985 Columbia Pike Unit 300
General Information
Standard status
Active
Size
1,524 SF
Elevators
Yes
Additional Details
Floor
3
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
KW United
Listed By:
Sarah Foster Paul · License #0225238727
(703) 533-1500
Source:
Soldbypattie
Added: Jul 15
Changed: Oct 10
Last Checked: Oct 7 at 1:30PM
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 KW United
Investment Insights
Based on property information with market context.
This 1,524-square-foot office unit occupies the third floor of a 2007 building and sits beside the elevator door. The layout includes a bright reception area, four private offices, an in-suite restroom, storage room, utility room with sink, and three entrance/exit doors. Only two units are located on the floor, providing a limited-occupancy office setting.
The property is positioned at the corner of Columbia Pike and Lacy Boulevard in Falls Church. Building signage is available, and parking is provided on site. Shops, restaurants, services, and commuting routes are located nearby. The address is 5985 Columbia Pike, Unit 300.
The property is positioned at the corner of Columbia Pike and Lacy Boulevard in Falls Church. Building signage is available, and parking is provided on site. Shops, restaurants, services, and commuting routes are located nearby. The address is 5985 Columbia Pike, Unit 300.
Key Highlights
- 1,524 SF third‑floor office unit in a 2007 building
- Four private offices plus bright entry area
- In‑suite restroom, storage room, and utility room with sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,849
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,980
$577.0K
Cap Rate 7%
$412,129
$412.1K
Cap Rate 9%
$320,544
$320.5K
Market Conditions
NOI Build-Up for 1,524 SF
Gross rent
$45.0K $29.52/SF
− Vacancy
−$6.5K −$4.28/SF
EGI
$38.5K $25.24/SF
− OpEx
−$9.6K −$6.31/SF
NOI
$28.8K $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%
$576,980
Cap Rate 7%
$412,129
Cap Rate 9%
$320,544
Alternative Uses
Best Use
Office B
$412.1K
$360.6K – $480.8K
NOI $28,849 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.39M
$5.59M – $7.45M
NOI $447,176 @ 7.0% cap · market cap 81.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Third-floor commercial suite with elevator access, signage availability, and an in-suite restroom.
Where is this office units located?
The property is located at 5985 Columbia Pike Unit 300 Falls Church, VA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,524 SF third‑floor office unit in a 2007 building; Four private offices plus bright entry area; In‑suite restroom, storage room, and utility room with sink
