11710 Plaza America DrReston, VA 20190

Property Details for 11710 Plaza America Dr

Year built

1999

Construction

STEEL FRAME

Lot size

2.40 AC

Property size (Sq ft)

289,102 SF

Zone code

PDC(PLANNED DEV COMMERCIA

Property type

Office properties

Property subtype

Office buildings

APN

017-4-27-0002

APU

174270002

Description

Plaza America Tower II, located at 11710 Plaza America Dr, Reston, VA 20190, presents a significant investment opportunity. This four-building office park boasts a total of 228,130 square feet of vacant, executive-class office space, all available for lease. The property, built in 1999, is situated in Fairfax County and offers a prime location with convenient access to Dulles International Airport and the vibrant Reston Town Center. The property's classification includes both retail and office space, with the current listing focusing on the substantial executive office component. The entire 228,130 square feet is currently vacant, providing a unique opportunity for a single tenant or multiple tenants to occupy this substantial space. The building is part of a larger office park encompassing one million square feet of prime office space, complemented by ground-floor retail options. This location offers unparalleled access to the amenities and conveniences of Reston, Virginia, making it an attractive proposition for businesses seeking a prestigious and well-connected address. The property's size and location make it ideal for a large corporation or a collection of smaller businesses seeking a collaborative environment. Interested parties are encouraged to inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $74,691,216

  6.5%

  $68,945,736

  7%

  $64,021,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $57,803,052

  Geo Method

  $57,803,052

• Alternative Use

  Use

  Valuation

  Residential

  $85,492,712

  Hospitality

  $78,310,864

  Educational

  $65,153,720

  Medical

  $67,394,456

  Retail

  $101,350,232

Location Insight

City

Reston

County

Fairfax

State

Virginia

Latitude

38.9522

Longitude

-77.351

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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