1890 Preston White DrReston, VA 20191

Property Details for 1890 Preston White Dr

Year built

1986

Construction

STEEL FRAME

Lot size

2.15 AC

Property size (Sq ft)

31,260 SF

Zone code

I-3(INDUST LIGHT INTENSIT

Property type

Office properties

Property subtype

Office buildings

APN

027-1-16-05-0007-D

APU

027116050007D

Description

This 2,359-square-foot medical office space is available for lease at 1890 Preston White Drive, Suite 260, Reston, VA 20191. Located within the Branches Office Park, this Class B building offers a highly desirable location along Sunrise Valley Drive, between Hunter Mill Road and Wiehle Avenue, providing convenient access to the Dulles Toll Road. The space boasts a prominent location with its own signage opportunity on Sunrise Valley Drive, a glass entrance directly off a single elevator, and three separate entries, making it ideal for medical or general office use. Built in 1986, the building features a total of 30,234 square feet and includes a VAV HVAC system ensuring climate control. Security is provided by a Kastle card reader system, allowing 24-hour access. The property sits on three acres of land and is zoned 1-3. The building's convenient location is further enhanced by its adjacency to a shopping center with a variety of restaurants and shops. A new build-out is available for this single-tenant space, which is offered at a rental rate of $25.00 per square foot per year.

• CAP approach

  CAP return

  Valuation

  6%

  $8,076,206

  6.5%

  $7,454,960

  7%

  $6,922,462

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,250,124

  Geo Method

  $6,250,124

• Alternative Use

  Use

  Valuation

  Residential

  $9,244,150

  Hospitality

  $8,467,591

  Educational

  $7,044,936

  Medical

  $7,287,223

  Retail

  $10,958,790

Location Insight

City

Reston

County

Fairfax

State

Virginia

Latitude

38.9421

Longitude

-77.3284

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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