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22648 Glenn Dr Sterling, VA 20164

Three contiguous executive suites, fully leased.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a portfolio of three fully leased Class B executive office condominiums located at 22648 Glenn Dr., Units 304, 305, and 306 in Sterling, Virginia. Each unit offers approximately 950 square feet and is currently under a modified lease agreement. The units are contiguous, allowing for potential expansion or flexible configurations. Unit 304 boasts five windowed offices (one suitable as a conference room), a storage room, and a private restroom. Unit 305 features five windowed offices, an interior office, a kitchenette, and a private restroom. Unit 306, an end unit, offers two windowed offices, a large open area, and a private restroom with a shower. The portfolio enjoys a 66% occupancy rate and a 6.20% cap rate. Individual unit sale prices are $223,250 for Units 304 and 305, and $228,000 for Unit 306. Lease terms vary, with Unit 304 expiring January 1, 2025

Highlights

  • Three fully leased Class B office condominiums in Sterling, VA.
  • Each unit is approximately 950 square feet.
  • Contiguous units offer expansion potential.
  • Individual unit prices: Units 304 & 305 - $223,250; Unit 306 - $228,000.
  • 6.20% cap rate.

Property Details for 22648 Glenn Dr

Property type
Office properties
Square Feet
950 SF
Class
B

Location Insight

City
Sterling
County
Loudoun
State
Virginia
Latitude
38.990433
Longitude
-77.4238265

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FAQs

What type of property is this?
Office property - Three contiguous executive suites, fully leased.
Where is the office property located?
The property is located at 22648 Glenn Dr Sterling, VA.
What are key features of this property?
This property features: Three fully leased Class B office condominiums in Sterling, VA.; Each unit is approximately 950 square feet.; Contiguous units offer expansion potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Matthew Everly
Matthew Everly
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Useful Information

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Glenn Dr
Sterling, VA 20164

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Glenn Dr
Sterling, VA 20164

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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22648 Glenn Dr
  • Matthew Everly
    Matthew Everly
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