7777 Leesburg PikeFalls Church, VA 22043

Property Details for 7777 Leesburg Pike

Year built

1970

Construction

TYPE NOT SPECIFIED

Lot size

3.95 AC

Property size (Sq ft)

111,492 SF

Zone code

C-3(OFFICE)

Property type

Office buildings

APN

039-2-01-0047

APU

392010047

Description

7777 Leesburg Pike offers exceptional office space in the heart of Tysons, Fairfax County. This six-story, Class B building, constructed in 1970 and renovated in 2010, provides a variety of suite sizes ranging from 400 to 3,000 square feet, accommodating businesses of all scales. Currently, 23 spaces are available in this multi-tenant building. The property boasts 336 parking spaces, ensuring convenient access for employees and clients. Its strategic location directly off I-495 and Route 7/Leesburg Pike offers easy commuting, with Ronald Reagan Washington National Airport a short 25-minute drive away. The building's proximity to the Capital Beltway and the newly added HOT lanes further enhances accessibility. The building is zoned C-3 and is ideally situated near Tysons Corner Center, one of the nation's largest shopping malls, providing employees with abundant shopping, dining, and entertainment options. The flexible layouts cater to diverse business needs, from traditional offices to unique uses such as yoga studios, showrooms, or churches. This property presents a unique opportunity to establish a presence in a thriving business hub, easily accessible to the nation's capital and major transportation arteries.

• CAP approach

  CAP return

  Valuation

  6%

  $31,036,996

  6.5%

  $28,649,534

  7%

  $26,603,138

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,190,850

  Geo Method

  $10,724,415

• Alternative Use

  Use

  Valuation

  Residential

  $35,525,424

  Hospitality

  $32,541,096

  Educational

  $27,073,810

  Medical

  $28,004,920

  Retail

  $42,114,816

Location Insight

City

Falls Church

County

Fairfax

State

Virginia

Latitude

38.9068

Longitude

-77.2148

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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