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2235 Cedar Ln #201

$900,000

2235 Cedar Ln #201, Vienna, Va 22182

Active
Last Updated: 02/08/2025

7.22

Cap Rate

68,550

NOI

Details:
Cap Rate:    7.22%
NOI:    $68,550
Building Size:    2,500 sqft
Year Built:    1986
Price Per Sqft:    $360
Zoning:    460
Highlights:
  • Days on Market: 146
  • Parking Features: Surface, Handicap Parking
  • Heating: Central
Description:

Lease until January 2027 with net return of 7.62% based on $900K sales price. This 2,500 square foot medical office presents a prime opportunity for businesses in search of a strategic and accessible location, Or investors seeking great returns. Currently configured as a sleep study center, The unit includes a welcoming waiting room, a receptionist area, three private offices, a lab/technician room with a sink, a kitchen with a sink, a laundry closet with hookups, and three bedrooms, each with its own en-suite full bathroom. With windows on three sides, the space is bright and airy, complemented by a sprinkler system, beautiful wood and tile flooring. The brick building features secure access, an elevator, bathrooms on each level, and ample parking. Condo fee covers Electricity, Water/Sewer, Gas, Heating and AC in addition to common area maintenance, building insurance etc. Located just minutes from Metro stations, Tysons Corner, Fairfax Hospital, and I-495, it offers easy access for clients and employees alike. With a vibrant community and excellent amenities, along with close proximity to Washington D.C., this location is an attractive proposition for businesses of all sizes. The surrounding area boasts a variety of retail, dining, and recreational options, further enhancing the appeal of this office space. Whether you are looking to establish a new presence or expand your current operations, this location offers a valuable opportunity. The lease extends until January 2027 with a return over 7% based on a $950K sales price. The office can continue to operate as a sleep study center, or it can be transformed into a dental practice, spa, or any other professional office use.

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