Medical Office Suite with
For Sale
$725,000
6134 REDWOOD SQUARE CENTER Unit 201/202, Centreville, VA 20121
Combined condominium units offer a flexible layout with existing plumbing and exterior signage opportunities.
Property Size3,280 SF
Price / SF$221.04
Days on Market167
Property Features for 6134 REDWOOD SQUARE CENTER Unit 201/202
General Information
Standard status
Active
Size
3,280 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Office Units
2
Property Use
Office
Taxes and HOA fees
Annual Taxes
$8,255
Amenities
exterior signage opportunities
Building Details
Building Size
3,280 SF
Year Built
2004
Listing Agency:
Weber Rector Commerical Real Estate Services, Inc.
Listed By:
Ryan Archibald
(949) 606-6674
Source:
Evansgroupdmv
Added: May 15
Changed: Oct 27
Last Checked: Oct 27 at 4:25AM
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 Weber Rector Commerical Real Estate Services, Inc.
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Investment Insights
Based on property information with market context.
This 3,280-square-foot medical office suite combines two condominium units into one layout. The space includes seven operatories or exam rooms, reception and waiting areas, private offices, restrooms, and a breakroom, with plumbing infrastructure already in place. Built in 2004, the suite also offers exterior signage opportunities and surface parking.
Located in Centreville, Redwood Square Centre has immediate access to I-66, Route 28, and Route 29. The property sits within a residential and commercial corridor near retail amenities and medical users, with regional connections across Fairfax County and Northern Virginia.
Located in Centreville, Redwood Square Centre has immediate access to I-66, Route 28, and Route 29. The property sits within a residential and commercial corridor near retail amenities and medical users, with regional connections across Fairfax County and Northern Virginia.
Key Highlights
- 3,280 SF across two combined condominium units
- Seven operatories or exam rooms, with reception and waiting areas
- Private offices, restrooms, and breakroom space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,089
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,780
$1.2M
Cap Rate 7%
$886,986
$887.0K
Cap Rate 9%
$689,878
$689.9K
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$96.8K $29.52/SF
− Vacancy
−$14.0K −$4.28/SF
EGI
$82.8K $25.24/SF
− OpEx
−$20.7K −$6.31/SF
NOI
$62.1K $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%
$1,241,780
Cap Rate 7%
$886,986
Cap Rate 9%
$689,878
Alternative Uses
Best Use
Office B
$887.0K
$776.1K – $1.03M
NOI $62,089 @ 7.0% cap · market cap 8.56%
Second Best
Healthcare Medical
$853.8K
$747.1K – $996.1K
NOI $59,767 @ 7.0% cap · market cap 8.24%
Theoretical Best
Specialty Retail
$13.75M
$12.03M – $16.04M
NOI $962,426 @ 7.0% cap · market cap 132.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20121, VA
28,901
Population
9,968
Households
2.9
Avg Household Size
35
Median Age
53%
College-Educated
93%
High-School Grad
8.7 sq mi
ZIP Area
3,322
Density / Sq Mi
$133,024
Median Household Income
$61,859
Median Earnings
$2,240
Median Rent
$488,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Centreville Square Animal Hospital — 14215L Centreville Square, Centreville, VA 20121
- Clifton-Centreville Animal Clinic — 13822 Braddock Rd A, Centreville, VA 20121
- Netschert B Jamie DVM — 13822 Braddock Rd A, Centreville, VA 20121
Frequently Asked Questions
What type of property is this?
Medical Office Space - Combined condominium units offer a flexible layout with existing plumbing and exterior signage opportunities.
Where is this medical office space located?
The property is located at 6134 REDWOOD SQUARE CENTER Unit 201/202 Centreville, VA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 3,280 SF across two combined condominium units; Seven operatories or exam rooms, with reception and waiting areas; Private offices, restrooms, and breakroom space
