First-Floor Medical Office
For Sale
$210,000
6120 Brandon Avenue Ste. 116, Springfield, VA 22150
Office condominium with medical and general office approval, reception, private offices, restroom, and storage.
Property Size800 SF
Days on Market69
Property Features for 6120 Brandon Avenue Ste. 116
General Information
Standard status
Active
Size
800 SF
Class
B
Property subtype
Office - Medical Office
Additional Details
Floor
1
Highway Access
Yes
Office Units
1
Building Details
Building Size
800 SF
Listing Agency:
SVN | K&M Commercial Real Estate
Listed By:
Kayvan Mehrbakhsh · License #0225084011
(703) 734-2822
Source:
Commercialcafe
Added: Aug 8
Changed: Oct 6
Last Checked: Oct 14 at 8:44PM
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 SVN | K&M Commercial Real Estate
Investment Insights
Based on property information with market context.
This first-floor medical office condominium at 6120 Brandon Avenue, Suite 116, provides a practical setting for professional operations. The approved uses include medical and general office functions. Inside, the suite combines a reception area with two private offices, a restroom, and dedicated storage. The space was previously occupied by a therapist.
The property is in Springfield, Virginia, with access to major highways and proximity to dining, shopping, and entertainment. Springfield Town Center and Lake Accotink Park are nearby, while Washington, D.C., and government agencies are within the surrounding regional context.
The property is in Springfield, Virginia, with access to major highways and proximity to dining, shopping, and entertainment. Springfield Town Center and Lake Accotink Park are nearby, while Washington, D.C., and government agencies are within the surrounding regional context.
Key Highlights
- First‑floor medical office condominium at 6120 Brandon Avenue Ste. 116, Springfield, VA 22150
- Approved for both medical and general office use
- Reception area, two private offices, restroom, and dedicated storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,144
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,880
$302.9K
Cap Rate 7%
$216,343
$216.3K
Cap Rate 9%
$168,267
$168.3K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$23.6K $29.52/SF
− Vacancy
−$3.4K −$4.28/SF
EGI
$20.2K $25.24/SF
− OpEx
−$5.0K −$6.31/SF
NOI
$15.1K $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%
$302,880
Cap Rate 7%
$216,343
Cap Rate 9%
$168,267
Alternative Uses
Best Use
Office B
$216.3K
$189.3K – $252.4K
NOI $15,144 @ 7.0% cap · market cap 7.21%
Second Best
Healthcare Medical
$208.2K
$182.2K – $243.0K
NOI $14,577 @ 7.0% cap · market cap 6.94%
Theoretical Best
Specialty Retail
$3.35M
$2.93M – $3.91M
NOI $234,738 @ 7.0% cap · market cap 111.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,416
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22150, VA
27,955
Population
9,695
Households
2.9
Avg Household Size
40
Median Age
45%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
3,678
Density / Sq Mi
$120,406
Median Household Income
$47,412
Median Earnings
$2,631
Median Rent
$617,600
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?
Medical Office Space - Office condominium with medical and general office approval, reception, private offices, restroom, and storage.
Where is this medical office space located?
The property is located at 6120 Brandon Avenue Ste. 116 Springfield, VA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: First‑floor medical office condominium at 6120 Brandon Avenue Ste. 116, Springfield, VA 22150; Approved for both medical and general office use; Reception area, two private offices, restroom, and dedicated storage
