Office Space - For Sale
116-224 Maple Ave W Vienna, VA 22180
Details & Description
Price: $9,795,000
  • Property Type Office for Sale
  • Lot Size Acres 1.660
  • Building Sq Ft 15,600
  • Building Price per Sq Ft $297.00
  • Land Sq Ft 72,309
  • Land Price per Sq Ft $135.46
1960 Gallows Road (the “building”) Tysons, VA presents a unique opportunity for an organization to own its own headquarters in the heart of Tysons Corner. The project is situated immediately off of the Capitol Beltway (I-495) and Route 7, and is just minutes from Tysons Corner Centre and Merrifield’s Mosaic District. The building’s size offers users of varying square footage requirements the chance to own in a submarket with limited availability from a purchase standpoint. The project is currently 71% leased but can be delivered in a number of occupancy scenarios. For larger users, the building can be conveyed with up to 15,600 SF vacant, with relatively short term leases on the remaining space. For users in the 3,000 - 15,600 SF range, a stable, cash flowing rent roll will help offset debt service and other carrying expenses. With staggering lease expirations among the tenancy, a purchaser will have the flexibility to either expand if needed, or renew existing tenants and maintain a stable cash flow.
Listing Agents
Marc Tasker
NAI - KLNB
O: 703-268-2735
M: 703-932-2073
mtasker@klnb.com
Jack Regler
NAI - KLNB
O: 703-268-2740
M: 215-962-6821
jregler@klnb.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

116-224 Maple Ave W

Vienna, VA 22180

Listing ID: 232574
$9,795,000
For Sale
  • Property Type Office for Sale
  • Lot Size Acres 1.660
  • Building Sq Ft 15,600
  • Building Price per Sq Ft $297.00
  • Land Sq Ft 72,309
  • Land Price per Sq Ft $135.46
116-224 Maple Ave W Vienna, VA 22180 | for Sale | Photo 1
Description

1960 Gallows Road (the “building”) Tysons, VA presents a unique opportunity for an organization to own its own headquarters in the heart of Tysons Corner. The project is situated immediately off of the Capitol Beltway (I-495) and Route 7, and is just minutes from Tysons Corner Centre and Merrifield’s Mosaic District. The building’s size offers users of varying square footage requirements the chance to own in a submarket with limited availability from a purchase standpoint. The project is currently 71% leased but can be delivered in a number of occupancy scenarios. For larger users, the building can be conveyed with up to 15,600 SF vacant, with relatively short term leases on the remaining space. For users in the 3,000 - 15,600 SF range, a stable, cash flowing rent roll will help offset debt service and other carrying expenses. With staggering lease expirations among the tenancy, a purchaser will have the flexibility to either expand if needed, or renew existing tenants and maintain a stable cash flow.

Attachments & Files

Listing Demographics for 116-224 Maple Ave W Vienna, VA 22180

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population11,774108,001265,799
Population Median Age393838
Population by Age0-9 Yrs1608 (13%)12843 (11%)32994 (12%)
10-19 Yrs1895 (16%)13619 (12%)33018 (12%)
20-29 Yrs918 (7%)13894 (12%)33657 (12%)
30-39 Yrs1261 (10%)16624 (15%)39450 (14%)
40-49 Yrs1727 (14%)15418 (14%)37766 (14%)
50-59 Yrs1959 (16%)14797 (13%)35997 (13%)
60-69 Yrs1224 (10%)11035 (10%)28294 (10%)
70+ Yrs1182 (10%)9770 (9%)24623 (9%)
Median HH Income$168,909$137,867$134,740
Total Household Income< 24K209 (5%)3020 (7%)7024 (7%)
25-49K246 (6%)3060 (7%)8121 (8%)
50-74K316 (7%)3828 (9%)9560 (9%)
75-99K342 (8%)4157 (10%)10617 (10%)
100-199K1220 (30%)13568 (33%)32425 (33%)
200K+1635 (41%)12419 (31%)29349 (30%)
Highest Education LevelNo Diploma298368710400
Diploma or GED659575817703
Some College906723919144
Assoc. Degree30333948780
Bachelors Degree23112484058869
Higher Degree32622993069350
Total Housing Units4,03542,221101,956
--Owner-Occupied3,41625,53363,799
--Renter-Occupied55214,52033,295
Owner-Occupied Values< 100K32247602
100-199K72931135
200-299K8012803748
300-399K8216844325
400-499K12928817702
500K+30861914946288
Total Working Age Population8,90686,729212,543
In Work Force6,25361,849150,800
Not In Work Force2,65324,88061,743
Workforce Employed6,03559,571144,602
Workforce Unemployed1681,8165,152
Civlian Workforce6,20361,386149,754
Military Workforce504621,046
Total Households3,96940,05397,094
Family Households3,13527,26266,921
Non-Family Households83412,79130,173
Married Couple2,65122,78455,908
Other Family4844,47811,014
Married w/Child1,36810,91626,325
Single Male w/Child886381,485
Single Female w/Child1961,3723,660

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Maryland5,296,486+95,773,552+66,141,900+66,518,750
Montgomery County873,341+11971,777+81,052,050+71,128,800
Virginia7,078,515+138,001,024+88,655,021+89,331,666
Fairfax County969,749+121,081,726+71,162,504+71,244,025
Loudoun County169,599+84312,311+38430,584+29554,808
Prince William County280,813+43402,002+19478,134+20571,844
Fairfax city21,498+522,565+1125,047+526,397
Falls Church city10,377+1912,332+2214,988+1417,032

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Office Space Listings for Sale Nearby
Address Price Sq Ft Acres
8233 Old Courthouse Road, Vienna, VA $11,000,000 32435 -
9508B Lee Highway, Fairfax, VA $349,500 1500 -
1964 Gallows Road, Vienna, VA $2,976,675 20466 -
1980 Gallows Road, Vienna, VA CALL 30000 1.22
2777 Hartland Road, Falls Church, VA $499,000 2465 -
8303 Arlington Boulevard, Fairfax, VA $599,000 3150 -
3603 Chain Bridge Road, Fairfax, VA $234,900 931 -
7115 Leesburg Pike, Falls Church, VA CALL 60000 2.38
3976 Chain Bridge Road, Fairfax, VA CALL 5852 0.2
10486 Armstrong Street, Fairfax, VA $850,000 22900 0.2
Closest Commercial Airports
Airport Distance (mi)
Washington Dulles International Airport (IAD) 11
Ronald Reagan Washington National Airport (DCA) 13
Baltimore Washington International (Thurgood Marshall Airport) (BWI) 37
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