For Sale
$1,495,000

12359 Sunrise Valley DrReston, VA 20191

Prime Reston location, vacant medical office.

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • First-floor office condo with abundant natural light.
  • Offered significantly below assessed value.
  • Occupied by a tenant through January 31, 2027.
  • Features a large, glassed-in conference room accommodating 15+ people.
  • Includes open bullpen workspace and a renovated kitchenette.
  • I-4 zoning.

Property Details for 12359 Sunrise Valley Dr

Property type
Office properties, Medical offices
Square Feet
5,143 SF
Class
B
Year Built/Renovated
2003/2018
Buildings
1
Stories
1
Units
1

Location Insight

City
Reston
County
Fairfax
State
Virginia
Latitude
38.9495664
Longitude
-77.3731202
12359 Sunrise Valley Dr, Reston, Virginia

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12359 Sunrise Valley Dr
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