12359 Sunrise Valley Dr Reston, VA 20191
- Office Properties & Spaces
- 4,382 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 12359 Sunrise Valley Dr
- Property size
- 4,382 SF
- Zone code
- I-4(INDUST MEDIUM INTENSI
- Property type
- Office Properties & Spaces
- APN
- 017-3-16-0210-A
- APU
- 0173160210A
Description
This exceptional 5,143 square foot medical office condo in the Sunrise Professional Center, located at 12359 Sunrise Valley Drive, Reston, VA 20191, presents a compelling value-add investment opportunity. The property, built in 2003 and renovated in 2018, boasts a Class B rating and is currently vacant, offering immediate potential for lease-up. The single-story building features a spacious reception area, multiple meeting rooms, a large (15+ person) glass-enclosed conference room, an adaptable event/presentation space, and ample bullpen workspace. A recently updated kitchenette adds to the functionality. The unit benefits from abundant natural light due to extensive window lines and convenient, direct elevator access. Zoned I4, this property is ideally suited for healthcare-related uses. The asking price is $1,495,000, representing a 2.45% cap rate based on a current NOI of $36,634. The property's prime location offers excellent visibility from Sunrise Valley Drive and is minutes from Reston Town Center and the newly opened Reston and Herndon Metro stations. The Fairfax County property (APN: 0173 16 0130) offers a strong investment prospect with significant upside potential. The previous tenant's lease expired January 31, 2027.
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Location Insight
- Map
- Local Demand
- City
- Reston
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.3731
- Latitude
- 38.9496
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA