Move-in Ready Reston Office
12359 Sunrise Valley Dr Reston, VA 20191
12359 Sunrise Valley Dr, Reston, VA, 20191
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For Sale
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1,435 SF office condo ideal for professional services.
Property Size1,435 SF
Price / SF$270
Days on Market1259
Property Features for 12359 Sunrise Valley Dr
General Information
- Standard status
- Active
- Size
- 1,435 SF
- Property subtype
- Office
Listing Agency
SVN | K&M Commercial Real Estate
Listed by
Kayvan Mehrbakhsh, CCIM, MBA · License #VA 0225084011
Source
Crexi
Added: Feb 6, 2023 Checked: Jul 16 at 8:56 am
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 SVN | K&M Commercial Real Estate
Investment Insights
Based on property information with market context.
This move-in ready office condo offers 1,435 square feet of space. The layout includes a conference room, three office suites, and a fully built-out kitchen. The space benefits from ample natural light. It is suitable for professional services, small teams, or an owner-user seeking a clean and efficient workspace.
Key Highlights
- Move‑in ready condition
- 1,435 SF office condo
- Includes a conference room, 3 office suites, and a fully built‑out kitchen
Local Financial Insights For Office B
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 | $42.4k | $29.52 |
| − Vacancy | −$6.1k | −$4.28 |
| EGI | $36.2k | $25.24 |
| − OpEx | −$9.1k | −$6.31 |
| NOI | $27.2k | $18.93 |
1,435 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$388.1K
$339.6K – $452.7K
NOI $27,164 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$449.7K
$393.5K – $524.7K
NOI $31,480 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - 1,435 SF office condo ideal for professional services.
Where is this office units located?
The property is located at 12359 Sunrise Valley Dr Reston, VA.
What is the asking price?
The asking price for this property is $387,450.
What are key features of this property?
This property features: Move‑in ready condition; 1,435 SF office condo; Includes a conference room, 3 office suites, and a fully built‑out kitchen
