12020 Sunrise Valley DrReston, VA 20191

Property Details for 12020 Sunrise Valley Dr

Year built

1986

Construction

STEEL FRAME

Lot size

1.71 AC

Property size (Sq ft)

51,609 SF

Zone code

I-4(INDUST MEDIUM INTENSI

Property type

Office properties

Property subtype

Office buildings

APN

017-3-08-0003-B1

APU

0173080003B1

Description

This exceptional Class A office space in Herndon, Virginia, offers a diverse range of flexible workspace solutions. Located at 12020 Sunrise Valley Drive, Suite 100, this property boasts 11,423 total square feet, with 5,970 square feet currently available. The building features 350 suites, offering options from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, accommodating businesses of all sizes. Multiple tenancy options are available, catering to diverse business needs. Renovated in 2019, the building includes convenient amenities such as elevators and is situated in the vibrant Sunrise Valley district of Fairfax County, offering attractive views of the surrounding landscape. The property's location provides easy access to Dulles International Airport and the Reston town center, placing it within a thriving business hub and convenient to a variety of amenities. This is an ideal location for businesses seeking a prestigious address in a dynamic and accessible area. The property is situated in a lively district known for its concentration of professional and technical services, making it an excellent choice for companies in these sectors. The on-site coffee bar provides a convenient and social space for networking and collaboration. The building's modern design and convenient amenities create a productive and welcoming work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $13,333,491

  6.5%

  $12,307,838

  7%

  $11,428,706

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,318,703

  Geo Method

  $10,318,703

• Alternative Use

  Use

  Valuation

  Residential

  $15,261,719

  Hospitality

  $13,979,652

  Educational

  $11,630,906

  Medical

  $12,030,911

  Retail

  $18,092,522

Location Insight

City

Reston

County

Fairfax

State

Virginia

Latitude

38.9489

Longitude

-77.3633

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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