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    20921 Davenport Dr Sterling, VA 20165

    Sponsored
    For Lease
    $35 SF/Yr

    6,500 SF Restaurant/Fitness Space Available

    Lot size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,500 square foot retail space, located at 20921 Davenport Drive in Sterling, Virginia, presents a unique opportunity. Built in 1988, the property is situated in the Regal Center and offers multiple tenancy options, ideal for a restaurant, gym, exercise center, or martial arts studio. The building boasts 237 parking spaces, ensuring ample convenience for patrons. Its prime location, just off Route 7 and Route 28, provides excellent visibility and accessibility, with prominent signage visible from Harry Byrd Highway (Route 7). The property is zoned PD-OP, County, within Loudoun County and benefits from its proximity to major thoroughfares and popular destinations. The area offers a vibrant mix of established businesses and residential communities, including the Dulles Town Center. Nearby amenities include diverse dining options such as Aoba Sushi, O'Faolain's Irish Pub, Bonchon Chicken, and Toosso Pakistani, along with entertainment venues like indoor skydiving and TopGolf. This location offers high visibility and easy access for customers, making it an attractive proposition for a variety of businesses seeking a thriving commercial environment in Sterling, VA, zip code 20165. The total building square footage is not specified.

    Property Features for 20921 Davenport Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,500 SF

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    Suite 120
    Size
    6,500 SF
    Rate per SF
    $35

    HighLights

    • 6,500 SF retail space at 20921 Davenport Drive, Sterling, VA.
    • Built in 1988, located in the Regal Center with ample parking (237 spaces).
    • Excellent visibility and accessibility off Route 7 and Route 28, with prominent signage on Harry Byrd Highway.
    • Zoned PD‑OP, Loudoun County, near Dulles Town Center and major thoroughfares.
    • Suitable for restaurant, gym, exercise center, or martial arts studio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.41021142
    Latitude
    39.03613239

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    FAQs

    What type of property is this?
    Retail property - 6,500 SF Restaurant/Fitness Space Available
    Where is this retail property located?
    The property is located at 20921 Davenport Dr Sterling, VA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 6,500 SF retail space at 20921 Davenport Drive, Sterling, VA.; Built in 1988, located in the Regal Center with ample parking (237 spaces).; Excellent visibility and accessibility off Route 7 and Route 28, with prominent signage on Harry Byrd Highway.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20921 Davenport Dr Sterling, VA 20165
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