Office Suite with Conference
New
For Sale
Contact for pricing
9506 LEE HIGHWAY, Fairfax, VA 22031
The furnished workspace includes private rooms, meeting rooms, reception space, and visitor parking.
Property Size2,400 SF
Price / SF$0.83
Days on Market4
Property Features for 9506 LEE HIGHWAY
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Office
Building Details
Year Built
1980
Listing Agency:
Fairfax Realty
(703) 766-2710
Listed By:
Daljae Lee · License #0225194029
(703) 483-0505
Source:
Cummingsrealtors
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:36AM
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 Fairfax Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite is configured with 2 private rooms, 2 conference rooms, and a large reception area. Existing office furniture and equipment are available for the tenant’s use during the lease, with the items to be returned at lease end. An electric door lock is installed, and the landlord covers the condo fee.
The property is near Route 50, with Highway 66 and Highway 95 a short drive away. Visitor parking is available on site.
The property is near Route 50, with Highway 66 and Highway 95 a short drive away. Visitor parking is available on site.
Key Highlights
- Two private rooms and two conference rooms
- Large reception area
- Existing office furniture and equipment available for tenant use during the lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,431
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,620
$908.6K
Cap Rate 7%
$649,014
$649.0K
Cap Rate 9%
$504,789
$504.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$70.8K $29.52/SF
− Vacancy
−$10.3K −$4.28/SF
EGI
$60.6K $25.24/SF
− OpEx
−$15.1K −$6.31/SF
NOI
$45.4K $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%
$908,620
Cap Rate 7%
$649,014
Cap Rate 9%
$504,789
Alternative Uses
Best Use
Office B
$649.0K
$567.9K – $757.2K
NOI $45,431 @ 7.0% cap · market cap 2,271.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$10.06M
$8.80M – $11.74M
NOI $704,214 @ 7.0% cap · market cap 35,210.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 22031, VA
35,256
Population
15,390
Households
2.3
Avg Household Size
36
Median Age
72%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,966
Density / Sq Mi
$129,743
Median Household Income
$74,178
Median Earnings
$2,267
Median Rent
$710,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The furnished workspace includes private rooms, meeting rooms, reception space, and visitor parking.
Where is this office unit located?
The property is located at 9506 LEE HIGHWAY Fairfax, VA.
What are key features of this property?
This property features: Two private rooms and two conference rooms; Large reception area; Existing office furniture and equipment available for tenant use during the lease
