Income Generating Office Condo For Sale

1801 Robert Fulton Dr # 230, Reston, VA

$499,000

Price

1.44%

Cap Rate

$7,200

NOI

Overview
Cap Rate
1.44%
NOI
$7,200
Building Size
1,553 sqft
Occupancy
50%
Class
A
Units
2
Year Built
1988
Floors
4
Description

Introducing a unique Class A commercial property located on the main floor of 1801 Robert Fulton Dr in Reston, a location that boasts unparalleled convenience and accessibility. This office condo features a total of six individual offices, three of which have nice window lines, a welcoming reception area, and a functional kitchen space. The property is divided into two suites; one is currently leased to a Behavioral Health Provider at an annual income of $26,400. The remaining suite is vacant and presents a potential income of $18,000 per year. Electric, water, and common amenities are included in the condo fees.

This property offers an excellent opportunity for a small business owner looking to build wealth through real estate. With one suite already generating income, the owner can utilize the vacant space for their own business or lease it for additional revenue. The location and amenities make it an attractive option for a variety of commercial tenants, adding to its investment appeal.


Situated at 1801 Robert Fulton Dr in Reston, this office building offers a prime location for businesses seeking both convenience and amenities. One of its standout features is its proximity to the W&OD Trail, perfect for those who appreciate a scenic route for walking or biking. Accessibility is a breeze with easy access to the Dulles Toll Road, making commutes straightforward. Additionally, the building is just minutes away from the Wiehle-Reston East Metro Station, offering excellent connectivity to the greater DC area. Nearby South Lakes Village Shopping Center and Atlantic Union Bank add to the location's appeal, providing a range of options for dining, shopping, and business services.

Highlights
  • Next to W&OD Trail, with biking and walking routes
  • Easy access to Dulles Toll Road and Wiehle - Reston Metro Station
  • Income Producing
  • Minutes away from South Lakes Village Shopping Center
Documents

Location
Gallery