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1801 Robert Fulton Dr - Sunrise Oak Professional Park Condominiums 1,553 SF Office/Medical Condo Unit Offered at $475,000 in Reston, VA 20191
Investment Highlights
- Next to W&OD Trail, with biking and walking routes
- Income Producing
- Easy access to Dulles Toll Road and Wiehle - Reston Metro Station
- Minutes away from South Lakes Village Shopping Center
Executive Summary
Introducing a unique Class A commercial property located on the main floor of 1801 Robert Fulton Dr Suite 230 in Reston, a location that boasts unparalleled convenience and accessibility. This office condo features six individual offices, three of which have nice window lines, a welcoming reception area, and a functional kitchen. The property is divided into two suites; one is currently leased to a Behavioral Health Provider at an annual income of $27,600 till August 2028. The remaining suite is vacant and presents a potential income of $24,000 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. Investors can acquire 1801 Robert Fulton Drive at a projected stabilized 6.52% cap rate, supported by $27,600 in existing annual rental income secured through August 2028. The vacant second suite offers immediate upside, with the potential to generate an additional $24,000 annually and increase total gross income to $51,600.
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- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 0271-23-0230 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 0271-23-0230 |
Description
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 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 enhance the location's appeal, offering a range of dining, shopping, and business services.
Sale Notes
Introducing a unique Class A commercial property located on the main floor of 1801 Robert Fulton Dr Suite 230 in Reston, a location that boasts unparalleled convenience and accessibility. This office condo features six individual offices, three of which have nice window lines, a welcoming reception area, and a functional kitchen. The property is divided into two suites; one is currently leased to a Behavioral Health Provider at an annual income of $27,600 till August 2028. The remaining suite is vacant and presents a potential income of $24,000 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.
Investors can acquire 1801 Robert Fulton Drive at a projected stabilized 6.52% cap rate, supported by $27,600 in existing annual rental income secured through August 2028. The vacant second suite offers immediate upside, with the potential to generate an additional $24,000 annually and increase total gross income to $51,600.
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.
Investors can acquire 1801 Robert Fulton Drive at a projected stabilized 6.52% cap rate, supported by $27,600 in existing annual rental income secured through August 2028. The vacant second suite offers immediate upside, with the potential to generate an additional $24,000 annually and increase total gross income to $51,600.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 230 | 1,553 SF | Office/Medical | $475,000 ($305.86/SF) | - |
Unit 230
| Unit Size |
| 1,553 SF |
| Condo Use |
| Office/Medical |
| Price |
| $475,000 ($305.86/SF) |
| NOI |
| - |
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Unit 230
| Unit Size | 1,553 SF |
| Condo Use | Office/Medical |
| Price | $475,000 ($305.86/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 0271-23-0230 |
| Description | |
| 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 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 enhance the location's appeal, offering a range of dining, shopping, and business services.</li></ul> | |
| Sale Notes | |
| Introducing a unique Class A commercial property located on the main floor of 1801 Robert Fulton Dr Suite 230 in Reston, a location that boasts unparalleled convenience and accessibility. This office condo features six individual offices, three of which have nice window lines, a welcoming reception area, and a functional kitchen. The property is divided into two suites; one is currently leased to a Behavioral Health Provider at an annual income of $27,600 till August 2028. The remaining suite is vacant and presents a potential income of $24,000 per year. Electric, water, and common amenities are included in the condo fees.<br> <br> 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.<br> <br> Investors can acquire 1801 Robert Fulton Drive at a projected stabilized 6.52% cap rate, supported by $27,600 in existing annual rental income secured through August 2028. The vacant second suite offers immediate upside, with the potential to generate an additional $24,000 annually and increase total gross income to $51,600.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 72,305 SF | Typical Floor Size | 14,461 SF |
| Property Type | Office (Condo) | Year Built | 1988 |
| Property Subtype | Medical | Lot Size | 1.93 AC |
| Building Class | A | Parking Ratio | 3.5/1,000 SF |
| Floors | 5 | ||
| Zoning | I-3 - Office, Medical | ||
| Total Building Size | 72,305 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 5 |
| Typical Floor Size | 14,461 SF |
| Year Built | 1988 |
| Lot Size | 1.93 AC |
| Parking Ratio | 3.5/1,000 SF |
| Zoning | I-3 - Office, Medical |
Amenities
- Property Manager on Site
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1801 Robert Fulton Dr - Sunrise Oak Professional Park Condominiums