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Office Suite for Sale

7115 Leesburg Pike #317, Falls Church, VA 22043

For Sale
$450,000

For sale office suite in Fairfax County, offered as a dedicated unit within an established commercial setting.

Property Size1,126 SF
Price / SF$399.64
Days on Market554

Property Features for 7115 Leesburg Pike #317

General Information

Standard status Active
Size 1,126 SF
Total Parking Spaces 50

Taxes and HOA fees

Annual Taxes $4,766

Amenities

Forced Air, Electric
Electric Water Heater

Building Details

Building Size 1,126 SF
Year Built 1966
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Hoda Martorana
Source: Evrealestate
Added: May 6, 2025 Changed: Aug 8 Last Checked: Aug 25 at 4:42AM

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 Long & Foster Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This listing is for an office suite within a commercial real estate property, marketed for sale as a dedicated unit. The offering is sized at 1,126 square feet and is presented specifically as office space.

The suite is located at 7115 Leesburg Pike #317 in Falls Church, Virginia 22043, in Fairfax County. This address provides straightforward identification for viewing and underwriting discussions.

As a compact, dedicated office unit, it may fit professional users that want their own suite configuration rather than shared or open-plan space. It can also appeal to investors or owner-operators seeking to acquire a specific office unit with a defined footprint. Prospective tenants and buyers should review the suite’s layout and any building rules during their due diligence, since the listing data provided focuses on the unit offering and size rather than interior buildout details.

Key Highlights

  • Office suite offered as a dedicated unit within an established commercial setting in Fairfax County
  • Forced air, electric heating system
  • Electric water heater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,315
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,300 $426.3K
Cap Rate 7%
$304,500 $304.5K
Cap Rate 9%
$236,833 $236.8K
Market Conditions
NOI Build-Up for 1,126 SF
Gross rent
$33.2K $29.52/SF
− Vacancy
−$4.8K −$4.28/SF
EGI
$28.4K $25.24/SF
− OpEx
−$7.1K −$6.31/SF
NOI
$21.3K $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%
$426,300
Cap Rate 7%
$304,500
Cap Rate 9%
$236,833

Alternative Uses

Best Use
Office B
$304.5K
$266.4K – $355.3K (±1% cap)
NOI $21,315 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$625.4K
$547.2K – $729.7K (±1% cap)
NOI $43,779 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby

Demographics for 22043, VA

25,850
Population
10,316
Households
2.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
4.7 sq mi
ZIP Area
5,500
Density / Sq Mi
$143,836
Median Household Income
$80,230
Median Earnings
$2,136
Median Rent
$868,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in Falls Church, VA

$410 Jul
$396 Aug
$310 Sep
$261 Oct

Properties on Market for Office Units in Falls Church

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - For sale office suite in Fairfax County, offered as a dedicated unit within an established commercial setting.
Where is this office unit located?
The property is located at 7115 Leesburg Pike #317 Falls Church, 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: Office suite offered as a dedicated unit within an established commercial setting in Fairfax County; Forced air, electric heating system; Electric water heater
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