Ground-Level Medical Office
7006 Little River Turnpike 3b, Annandale, VA 22003
For Sale
$400,000
End-unit layout includes multiple rooms, reception, kitchenette, storage, and parking directly in front.
Property Size1,200 SF
Price / SF$333.33
Days on Market83
Property Features for 7006 Little River Turnpike 3b
General Information
Standard status
Size
Additional Details
Floor
Building Details
Year Built
Listing Agency:
NewStar 1st Realty, LLC
Listed By:
Dong Gil Lee
(703) 200-0844
Source:
Soldbypattie
Added: Aug 19
Changed: Oct 25
Last Checked: Nov 8 at 11:06AM
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 NewStar 1st Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,200-square-foot medical office suite occupies an end position on the ground level and was built in 1988. The layout includes four additional rooms, a reception area, private office, bathroom, kitchenette, and storage room, providing a practical arrangement for professional office operations.
Parking is located in front of the suite, and the ground-level configuration supports convenient access for handicap persons. The property is located at 7006 Little River Turnpike 3B in Annandale, Virginia.
Parking is located in front of the suite, and the ground-level configuration supports convenient access for handicap persons. The property is located at 7006 Little River Turnpike 3B in Annandale, Virginia.
Key Highlights
- 1,200 Sq Ft ground‑level end unit
- Four additional rooms plus reception area and private office
- Kitchenette, bathroom, and storage room included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,716
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,320
$454.3K
Cap Rate 7%
$324,514
$324.5K
Cap Rate 9%
$252,400
$252.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$35.4K $29.52/SF
− Vacancy
−$5.1K −$4.28/SF
EGI
$30.3K $25.24/SF
− OpEx
−$7.6K −$6.31/SF
NOI
$22.7K $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%
$454,320
Cap Rate 7%
$324,514
Cap Rate 9%
$252,400
Alternative Uses
Best Use
Office B
$324.5K
$284.0K – $378.6K
NOI $22,716 @ 7.0% cap · market cap 5.68%
Second Best
Healthcare Medical
$312.4K
$273.3K – $364.4K
NOI $21,866 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$666.5K
$583.2K – $777.6K
NOI $46,656 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,639
Businesses Nearby
Under-served
Demand for This Use
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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
$694,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Fairfax County, VA
Properties on Market for Medical Office Space in Fairfax County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Austin Veterinary Clinic Paul Austin — 7323 Little River Turnpike, Annandale, VA 22003
- Petco Vaccination Clinic — 7434 Little River Turnpike, Annandale, VA 22003
- Columbia Pike Animal Hospital & Emergency Center — 4205 Evergreen Ln, Annandale, VA 22003
Frequently Asked Questions
What type of property is this?
Medical Office Space - End-unit layout includes multiple rooms, reception, kitchenette, storage, and parking directly in front.
Where is this medical office space located?
The property is located at 7006 Little River Turnpike 3b Annandale, VA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,200 Sq Ft ground‑level end unit; Four additional rooms plus reception area and private office; Kitchenette, bathroom, and storage room included
