Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5003 Westone Plz Chantilly, VA 20151

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5003 Westone Plz Chantilly, VA 20151

    View on Map
    • Retail properties & Spaces
    • 21,222 SF
    • 2.99 lot acres
    Off-Market
    Property ID
    US87-1950655
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5003 Westone Plz

    Year built
    2007
    Lot size
    2.99 lot acres
    Property size
    21,222 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional investment opportunity presents a 21,222-square-foot Class A restaurant building in Chantilly, Virginia. Located at 5003 Westone Plaza, this property boasts a 100% occupancy rate with a 15-year Absolute NNN lease commencing August 31, 2023. The lease includes a 6.02% cap rate and a substantial Net Operating Income (NOI) of $830,629. Built in 2007, the building sits on a 2.99-acre lot and is zoned I-3 (Industrial Light Intensity), offering flexibility for various uses. The tenant, Kindercare Learning Academies (operating as Creme De La Creme), has a licensed capacity of 225 and is backed by a corporate guaranty. The lease features annual rent escalations of 3%, ensuring consistent income growth. This prime location in Fairfax County, within the Washington, D.C. Metro area, provides access to a highly affluent and stable market. The asking price is $13,800,000. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chantilly
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.4587
    Latitude
    38.9016

    Comparable in this City

    • Value Estimation
      $855,000
      6,116 SF

      14050 Thunderbolt Pl

      RESTAURANT • 6,116 SF
      14050 Thunderbolt Pl, Chantilly, VA 20151-3225
      View Details
    • Value Estimation by Request
      40,301 SF

      13884 Metrotech Dr

      Retail properties & Spaces • 40,301 SF
      13884 Metrotech Dr, Chantilly, VA 20151
      View Details
    • Value Estimation
      $880,000
      11.32 Acres

      14391 Chantilly Xing Ln

      DEPARTMENT STORE (MULTI-STORY) • 11.32 Acres
      14391 Chantilly Xing Ln, Chantilly, VA 20151-2118
      View Details
    • Value Estimation by Request
      2,450 SF

      13986 Metrotech Dr

      Individual retail properties • 2,450 SF
      13986 Metrotech Dr, Chantilly, VA 20151
      View Details
    • Value Estimation by Request
      500,000 SF

      13884 Metrotech Dr

      Retail properties & Spaces • 500,000 SF
      13884 Metrotech Dr, Chantilly, VA 20151
      View Details
    • Value Estimation
      $4,710,000
      16,988 SF

      13960 Metrotech Dr

      DEPARTMENT STORE • 16,988 SF
      13960 Metrotech Dr, Chantilly, VA 20151-3238
      View Details

    Similar Nearby for Sale

    • $8,903,970
      16,468 SF

      Chantilly Flex Building For Sale

      31,242 SF flex building suitable for various uses.
      14526 Lee Rd, Chantilly, VA 20151
      View Details
    • $495,000
      1,920 SF

      Chantilly Office Condo - Great Investment

      1920 sq ft Office Condo, Sale-Leaseback Opportunity
      14325 Willard Rd, Chantilly, VA 20151
      View Details
    • $1,400,880
      5,837 SF

      Chantilly Executive Office Condo

      Class A Office, 5,837 SF, Vacant
      14325 Willard Rd, Chantilly, VA 20151
      View Details
    • Contact for pricing
      6,400 SF

      Finished Flex Space in Chantilly

      Finished flex space in Lafayette Business Center, Fairfax County.
      4229 Lafayette Center Dr, Chantilly, VA 20151
      View Details
    • $410,000

      Move-in Ready Chantilly Office Condo

      1,639 SF office condo with open layout and natural light.
      14163 Robert Paris Ct, Chantilly, VA 20151
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Land for Lease

      1.7 AC retail land for lease, Q1 2026 delivery.
      14445 Chantilly Crossing Ln, Chantilly, VA 20151
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Chantilly, Virginia.
      13986 Metrotech Dr, Chantilly, VA 20151
      View Details
    • $20 SF/Yr
      2,169 SF

      Move-in Ready Retail/Office Space

      Retail or office space with frontage and ample parking.
      4425 Brookfield Corporate Dr, Chantilly, VA 20151
      View Details
    • Contact for pricing
      6,264 SF

      Chantilly Crossing Retail Space

      Retail space available at Chantilly Crossing Lane.
      14452 Chantilly Crossing Ln, Chantilly, VA 20151
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      Ground level retail/office space available in Chantilly, Virginia.
      4501 Daly Dr, Chantilly, VA 20151
      View Details
    • $17 SF/Yr

      Chantilly Warehouse with Retail Component

      Warehouse with retail space available for lease in Chantilly.
      4215 Walney Rd, Chantilly, VA 20151
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5003 Westone Plz
    Chantilly, VA 20151
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    5003 Westone Plz, Chantilly, VA, 20151

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!