First-Floor Office Suite with
7002 Little River Turnpike Unit 1D Annandale, VA 22003
For Sale
$450,000
Well-maintained suite with private offices, reception area, and kitchenette, directly off Little River Turnpike.
Property Size1,200 SF
Price / SF$375
Days on Market150
Property Features for 7002 Little River Turnpike Unit 1D
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Office
Building Details
Year Built
1988
Listing Agency:
Ko-Am Realty & Investment, Inc.
(703) 323-8913
Listed By:
Augustine Kim
(703) 323-8913
Source:
Xome
Added: Mar 2
Changed: Jul 10
Last Checked: Jul 16 at 3:03AM
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 Ko-Am Realty & Investment, Inc.
Investment Insights
Based on property information with market context.
This first-floor office suite offers a functional, efficient layout with several private offices, a welcoming reception area, and a kitchenette. The space is described as clean and professional throughout, supporting immediate occupancy.
The suite is located directly on Little River Turnpike, providing visibility and convenient access. Parking is positioned right in front of the unit, which helps streamline tenant and visitor arrival.
With a mix of private offices and a reception area, the space suits a variety of professional and business uses that benefit from a dedicated front-of-house entry. The in-unit kitchenette adds day-to-day convenience for staff and clients, while the first-floor configuration supports straightforward access for visitors.
The suite is located directly on Little River Turnpike, providing visibility and convenient access. Parking is positioned right in front of the unit, which helps streamline tenant and visitor arrival.
With a mix of private offices and a reception area, the space suits a variety of professional and business uses that benefit from a dedicated front-of-house entry. The in-unit kitchenette adds day-to-day convenience for staff and clients, while the first-floor configuration supports straightforward access for visitors.
Key Highlights
- First‑floor office suite directly off Little River Turnpike
- Includes private offices plus a reception area
- Kitchenette included in the suite
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.4k | $29.52 |
| − Vacancy | −$5.1k | −$4.28 |
| EGI | $30.3k | $25.24 |
| − OpEx | −$7.6k | −$6.31 |
| NOI | $22.7k | $18.93 |
1,200 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$324.5K
$284.0K – $378.6K
NOI $22,716 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.03M
$4.40M – $5.87M
NOI $352,107 @ 7.0% cap · market cap 78.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained suite with private offices, reception area, and kitchenette, directly off Little River Turnpike.
Where is this office units located?
The property is located at 7002 Little River Turnpike Unit 1D Annandale, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: First‑floor office suite directly off Little River Turnpike; Includes private offices plus a reception area; Kitchenette included in the suite
