Retail Flex Space with
New
For Sale
Contact for pricing
7222 Nathan Ct, Manassas, VA 20109
Two connected commercial units combine a customer-facing storefront, offices, conditioned space, warehouse area, and drive-in access.
Property Size4,750 SF
Price / SF$200
Days on Market6
Property Features for 7222 Nathan Ct
General Information
Standard status
Active
Size
4,750 SF
Total Parking Spaces
100
Property subtype
Retail, Industrial
Zoning
B-1 Commercial
Warehouse & Industrial
Mezzanine
1,350 SF
Drive-In Doors
1
Additional Details
Floor
Ground
Highway Access
Yes
Building Details
Year Built
1985
Buildings
2
Stories
1
Listing Agency:
Wright Realty Inc
(703) 368-8136
Listed By:
Edward Wright III · License #VA 0225039100
Source:
Crexi
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 5:44AM
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 Wright Realty Inc
Investment Insights
Based on property information with market context.
This flex space combines a retail-oriented front unit with two offices and air-conditioning alongside a rear warehouse unit with a drive-in door. The property contains 4,750 square feet, including approximately 3,400 SF on the first floor and an additional 1,350 SF mezzanine storage area. Built in 1985, the condominium is zoned B-1 Commercial and was formerly used for a fireplace showroom, shop, and warehouse operations.
The property is located in the Build America 8 Complex in Manassas, Virginia, with visibility from I-66 at RT 234 Business. It is near the intersection of Balls Ford Road and Sudley Road within the Route 29/I-66 Corridor. The space is currently leased on a month-to-month basis, with the existing tenant able to remain or vacate.
The property is located in the Build America 8 Complex in Manassas, Virginia, with visibility from I-66 at RT 234 Business. It is near the intersection of Balls Ford Road and Sudley Road within the Route 29/I-66 Corridor. The space is currently leased on a month-to-month basis, with the existing tenant able to remain or vacate.
Key Highlights
- 4,750‑square‑foot flex space with approximately 3,400 SF of first‑floor area
- Additional 1,350 SF mezzanine storage area
- Front retail unit includes two offices and air‑conditioning
Financial Insights For Flex RnD
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 | $99.8k | $21.00 |
| − Vacancy | −$6.0k | −$1.26 |
| EGI | $93.8k | $19.74 |
| − OpEx | −$32.8k | −$6.91 |
| NOI | $60.9k | $12.83 |
4,750 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$2.27M
$1.99M – $2.65M
NOI $158,896 @ 7.0% cap · market cap 16.73%
Second Best
Flex RnD
$870.7K
$761.8K – $1.02M
NOI $60,947 @ 7.0% cap · market cap 6.42%
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.08M
NOI $184,680 @ 7.0% cap · market cap 19.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 20109, VA
43,849
Population
15,673
Households
2.8
Avg Household Size
32
Median Age
35%
College-Educated
83%
High-School Grad
23.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$88,966
Median Household Income
$44,306
Median Earnings
$1,928
Median Rent
$411,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two connected commercial units combine a customer-facing storefront, offices, conditioned space, warehouse area, and drive-in access.
Where is this flex space located?
The property is located at 7222 Nathan Ct Manassas, VA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 4,750‑square‑foot flex space with approximately 3,400 SF of first‑floor area; Additional 1,350 SF mezzanine storage area; Front retail unit includes two offices and air‑conditioning
