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MENC Bldg 1806 Robert Fulton Dr 38,510 SF Vacant Office Building Reston, VA 20191 $10,257,750 CAD ($266.37 CAD/SF)
Executive Summary
Well-maintained 3-story office building on 3.7 acres in bucolic Reston, VA. With easy access to the Dulles Toll Rd and less than 10 minutes from Reston Town Center and Dulles International Airport, the property is ideally located for a company headquarters or private school. The parking lot’s 138 spaces (3.7/1,000 SF parking ratio) provide ample parking for employees or allow for the creation of an outdoor play area for students. The building’s 3 floors are of a mix of offices, conference areas/rooms, and open space and include a large cafeteria and breakroom, fitness center, 6 kitchens, and an outdoor picnic area. Floor to ceiling windows bring in natural light and provide stunning woodland views. An open staircase in the atrium provides access to each floor in addition the high-speed elevator. The cost of ownership, based on the below-replacement cost asking price ($194.75/SF), is over 35% lower than the cost of leasing; presenting the opportunity for purchasers to own their own space with room to grow or lease out for additional revenue.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
38,510 SF
Building Class
B
Year Built
1985
Price
$10,257,750 CAD
Price Per SF
$266.37 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,837 SF
Slab To Slab
14’
Building FAR
0.24
Lot Size
3.70 AC
Zoning
I-3 - Industrial zoning.
Parking
138 Spaces (3.58 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Fitness Center
- Property Manager on Site
- Kitchen
- Central Heating
- Natural Light
- Drop Ceiling
- Air Conditioning
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0271-16050002 | Improvements Assessment | $977,973 CAD |
| Land Assessment | $3,178,932 CAD | Total Assessment | $4,156,905 CAD |
Property Taxes
Parcel Number
0271-16050002
Land Assessment
$3,178,932 CAD
Improvements Assessment
$977,973 CAD
Total Assessment
$4,156,905 CAD
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MENC Bldg | 1806 Robert Fulton Dr
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