Two-Level Office
For Sale
$510,000
7006 EVERGREEN CT #3 3, Annandale, VA 22003
Professional space with restrooms on both floors, an atrium entry, and recent exterior improvements.
Property Size1,885 SF
Price / SF$270.56
Days on Market90
Property Features for 7006 EVERGREEN CT #3 3
General Information
Standard status
Active
Size
1,885 SF
Building Details
Stories
2
Listing Agency:
Fairfax Realty
(703) 766-2710
Listed By:
Young H Lee Hwang · License #0225083501
(703) 989-4301
Source:
Hostetterrealty
Added: Jul 20
Changed: Oct 16
Last Checked: Oct 16 at 8:17AM
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 Fairfax Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,885-square-foot office unit occupies two levels at 7006 Evergreen Ct #3 in Annandale. An atrium-style entrance opens to bright office areas, with bathrooms provided on each floor. Recent property improvements include a new roof and refreshed exterior paint.
The office is situated inside the Beltway between Columbia Pike and Little River Turnpike, providing a defined location within the Annandale area. Its two-level layout, separate restroom access, and updated exterior elements support continued professional office use.
The office is situated inside the Beltway between Columbia Pike and Little River Turnpike, providing a defined location within the Annandale area. Its two-level layout, separate restroom access, and updated exterior elements support continued professional office use.
Key Highlights
- 1,885 square feet of office space
- Two‑level office layout with bathrooms on each floor
- Atrium entry leading into bright office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,682
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,640
$713.6K
Cap Rate 7%
$509,743
$509.7K
Cap Rate 9%
$396,467
$396.5K
Market Conditions
NOI Build-Up for 1,885 SF
Gross rent
$55.6K $29.52/SF
− Vacancy
−$8.1K −$4.28/SF
EGI
$47.6K $25.24/SF
− OpEx
−$11.9K −$6.31/SF
NOI
$35.7K $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%
$713,640
Cap Rate 7%
$509,743
Cap Rate 9%
$396,467
Alternative Uses
Best Use
Office B
$509.7K
$446.0K – $594.7K
NOI $35,682 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.90M
$6.91M – $9.22M
NOI $553,101 @ 7.0% cap · market cap 108.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 22003, VA
59,372
Population
19,497
Households
3
Avg Household Size
39
Median Age
51%
College-Educated
87%
High-School Grad
12.6 sq mi
ZIP Area
4,712
Density / Sq Mi
$134,109
Median Household Income
$54,906
Median Earnings
$1,988
Median Rent
$694,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Professional space with restrooms on both floors, an atrium entry, and recent exterior improvements.
Where is this office units located?
The property is located at 7006 EVERGREEN CT #3 3 Annandale, VA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 1,885 square feet of office space; Two‑level office layout with bathrooms on each floor; Atrium entry leading into bright office areas
