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    FOR LEASE
    Office buildings

    11700 Plaza America Dr, Reston, VA 20190

    273,759 SF 3.09 ac lot Built 1999
    Entity Owned 19-yr Hold Free & Clear
    Property ID
    US87-0778654
    Property summary
    AI-generated overview

    Plaza America Tower I presents a unique opportunity to lease 223,360 square feet of executive office space within a four-building office park totaling one million square feet. This single-tenant, vacant space is situated in a prime location, offering unparalleled convenience and accessibility. Built in 1999, the building is part of a larger complex that includes ground floor retail, enhancing the overall appeal and functionality of the property. The property's strategic location in Fairfax County places it minutes from the International Dulles Airport, providing seamless connectivity for businesses and employees. Its proximity to Reston Town Center and the numerous amenities Reston offers further enhances its desirability. The expansive square footage allows for significant customization and flexibility to suit a wide range of business needs. This exceptional property offers a rare chance to secure a substantial, high-quality office space in a thriving and well-connected location. The entire building is available for lease, presenting a unique opportunity for a large organization seeking a prominent presence in a desirable area. The property's modern design and convenient location make it an ideal choice for businesses seeking a sophisticated and efficient workspace. The ample square footage provides the potential for a variety of configurations to meet specific business requirements. This is a truly exceptional opportunity to establish a significant presence in a dynamic and rapidly growing area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1999
    Construction STEEL FRAME
    Total area 273,759 SF
    Lot 3.09 ac (134,622 SF)
    Zoning code PDC(PLANNED DEV COMMERCIA
    APN 017-4-27-0001
    UPID US87-0778654
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $23.67M
    Blend (final) Blend
    $36.58M
    Owner & transaction history
    Plaza Office Realty I LLC · 19 yrs held
    Plaza Office Realty I LLC
    since 2006
    3 recorded transactions
    2016
    2006
    $10
    1969
    Zoning & alternative use
    PDC(PLANNED DEV COMMERCIA · Reston, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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