Property Listing No Longer Available for Sale

459 Herndon Pkwy 7-8A, Herndon, VA

Office for Sale - $906,300 - 3,420 Sq. Ft.


Property Info

CIMLS#1052827
Location
  459 Herndon Pkwy 7-8A
  Herndon VA 20170
UpdatedFebruary 1st, 2021
TypeOffice
Price$906,300
Building3,420 Sq. Ft.

Property Description

UNDER CONTRACT - WHY LEASE WHEN YOU CAN OWN? This 3,420 SF modern, office condo presents a rare opportunity for any office, educational, or medical user to pay 20% below market rental rates. The property is located right at the intersection of Spring St and the Fairfax County Parkway, mere minutes from Reston Town Center and Dulles Airport, and less than a mile from the new Herndon Metro Station set to deliver in 2020. With the delivery of the 2nd phase of the Silver Line, the submarket should see significant appreciation in property values and increases in rental rates. The unit features exposed ceilings and whiteboard walls with 5 offices, a large conference room, a kitchen, 2 bathrooms, and ample, open space for cubes. Parking is free, unreserved, and abundant and, due to the fact that the property is comprised of 2 units, the owner has (double the) prominent signage on Herndon Pkwy. Condo fees are only $3.92/SF/yr and cover all common area maintenance.


Financials



Similar Listings