Building Details

Year Built 2002

Listing Agency: JER-TAG ENTERPRISES, INC. a***@jertag.com Show Phone

Listed By: ALINEH Z TEMPLIN · License #0225216380

Source: Corcoran

Added: Nov 1, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:35AM

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Investment Insights

Based on property information with market context.

Located in Herndon, Virginia, this second-floor space is suitable for retail or office use. The property is accessible via an elevator. The asking base rent is $1,735 per month, with an additional monthly charge of $125 for water and electricity, payable to the landlord.

Key Highlights

• Convenient Herndon location
• Affordable rent at $1,735/mo + $125/mo utilities
• 2nd floor retail/office space

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

233

Businesses Nearby

Explore this area Business Placement

Demographics for 20170, VA

42,756

Population

14,084

Households

3

Avg Household Size

36

Median Age

57%

College-Educated

87%

High-School Grad

8.8 sq mi

ZIP Area

4,859

Density / Sq Mi

$157,875

Median Household Income

$59,119

Median Earnings

$2,224

Median Rent

$625,600

Median Home Value

Market

Lease Benchmarks for Herndon, VA

$23.11 /SF/Yr

Avg Asking Price

$0.5–$36 /SF/Yr

Price Range

29,049 SF

Avg Space Size

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

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Frequently Asked Questions

What type of property is this?

Office units - Second floor retail or office space in Herndon, Virginia.

Where is this office units located?

The property is located at 720 -f Grant St #f Herndon, VA.

What is the lease rate?

The lease rate is $1,735 /Mo.

What are key features of this property?

This property features: Convenient Herndon location; Affordable rent at $1,735/mo + $125/mo utilities; 2nd floor retail/office space