Spring St. Office Complex - LoopNet...EXECUTIVE SUMMARY Spring St. Office Complex 151 Spring St,...

Spring St. Office Complex1 5 1 S P R I N G S T , H E R N D O N , V A 2 0 1 7 0

O F F I C E B U I L D I N G F O R L E A S E

K&M Commercial Real Estate 459 Herndon Pkwy #21 Herndon, VA 20170 | 703.734.2822 | svndc.com

K&M Commercial Real Estate 703.734.2822459 Herndon Pkwy #21 Herndon, VA 20170

KAYVAN MEHRBAKHSH MATTHEW JENKINS703.734.2822 [email protected] [email protected]

OFFERING SUMMARY

Available SF: 1,169 - 3,302 SF

Lease Rate: Negotiable

Lot Size: 0.57 Acres

Year Built: 1987

Building Size: 10,760

Renovated: 2016

Zoning: IG

Market: Washington D.C.

Submarket: Dulles Corridor

Traffic Count: 35,000

K&M Commercial Real Estate as the Exclusive Representative of the owner is happy to present this 10,760 SF Office Building forLEASE. Suites are as small as 1,169 SF available. The property has Excellent visibility with potential signage and ample parking. Newlyupdated and secured property with elevator access. Wonderful window lines. Located at the corner of Spring St. and Herndon Pkwy.This property sits just minutes from the Fairfax County Pkwy and 267 Dulles Access Way.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS• Newly Renovated Office Ready to Lease!

• Suites as small as 1,169 RSF available

• Minutes from Fairfax County Pkwy., 267 Dulles Access, and Dulles Airport

• Potential Signage

• Secured Property with Elevator

• Wonderful Window Lines

EXECUTIVE SUMMARYSpring St. Office Complex 151 Spring St, Herndon, VA 20170



LEASE HIGHLIGHTS• Newly Renovated Office Ready to Lease!• Suites as small as 1,169 RSF available• Minutes from Fairfax County Pkwy., 267 Dulles Access, and Dulles

Airport• Potential Signage• Secured Property with Elevator• Wonderful Window Lines

COMPLETE HIGHLIGHTSSpring St. Office Complex 151 Spring St, Herndon, VA 20170

ADDITIONAL PHOTOSSpring St. Office Complex 151 Spring St, Herndon, VA 20170





SUITE TENANT SIZE (SF) LEASE TYPE LEASE RATE

Suite 102 Available 1,169 SF Full Service Negotiable



LEASE TYPE | Full Service LEASE SPACE | 1,169 - 3,302 SF

LEASE TERM | Negotiable LEASE RATE | Negotiable

AVAILABLE SPACESSpring St. Office Complex 151 Spring St, Herndon, VA 20170



1ST FLOOR PLANSSpring St. Office Complex 151 Spring St, Herndon, VA 20170



2ND FLOOR PLANSSpring St. Office Complex 151 Spring St, Herndon, VA 20170



3RD FLOOR PLANSSpring St. Office Complex 151 Spring St, Herndon, VA 20170



LOCATION MAPSSpring St. Office Complex 151 Spring St, Herndon, VA 20170



Spring St. Office Complex

AERIAL MAPSpring St. Office Complex 151 Spring St, Herndon, VA 20170



POPULATION 1 MILE 3 MILES 5 MILES

Total population 12,968 129,465 238,573

Median age 37.4 36.4 36.8

Median age (Male) 37.6 36.2 36.3

Median age (Female) 37.6 36.8 37.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 5,234 51,372 88,587

# of persons per HH 2.5 2.5 2.7

Average HH income $119,638 $120,938 $133,158

Average house value $403,354 $499,324 $577,532

* Demographic data derived from 2010 US Census

DEMOGRAPHICS MAPSpring St. Office Complex 151 Spring St, Herndon, VA 20170



459 Herndon Pkwy #21Herndon, VA 20170T 703.734.2822C [email protected] #0225084011

PROFESSIONAL BACKGROUNDKayvan Mehrbakhsh, CCIM served as Managing Director for the SVN K&M Commercial Real Estate Office in Herndon, Virginia. Theyhave rebranded their name to K&M Commercial Real Estate. Mr. Mehrbakhsh specializes in the sale and leasing of both Medicalproperties and Government properties, as well as similar transactions for office facilities outfitted with high-tech networkingsystems, in the Northern Virginia region.

Over the duration of his 19 plus year career, Mr. Mehrbakhsh has closed more than $940 million in transactions. He continues todiligently monitor market conditions to adequately advise clients and ensure that they receive fair market rates for leases, propertyinvestments, and sales.Before his service at SVN, Mr. Mehrbakhsh was an associate commercial broker at Fairfax Realty, Inc., where he provided expertadvice and served as a Broker for financial institutions, corporate landowners, and other investors.

Mr. Mehrbakhsh also has previous experience as Senior Project Manager at MCI Telecommunications where he oversaw landacquisition transactions, building design and construction, and the migration of data centers throughout both the United States andEurope.

A member of the Northern Virginia Association of Realtors, Mr. Mehrbakhsh sits as Chairman of the Associations CommercialAlliance. He has also served as president of the Mid Atlantic Real Estate Marketing Association (MAREMA) in 2007 and continues hisservice as a board member of that organization. He also maintains membership in the following organizations: International Councilof Shopping Centers (ICSC), the Realtors Land Institute, the Greater Washington Commercial Association of Realtors, and the NorthCarolina Association of Realtors.Mr. Mehrbakhsh has earned the prestigious designation of Council of Commercial Investment Member (CCIM) and currently holds aseat on the board of their Washington DC-Maryland chapter.

Mr. Mehrbakhsh received his Masters of Business Administration from American University holds a Bachelor of Science in InformationSystems from Radford University. Mr. Mehrbakhsh holds licenses in Virginia, North Carolina, Washington D.C. and Maryland.

EDUCATIONMBA - American UniversityBBA - Radford University

MEMBERSHIPS & AFFILIATIONSCCIM - Certified Commercial Investment Member

KAYVAN MEHRBAKHSHManaging Director

KAYVAN MEHRBAKHSHSpring St. Office Complex 151 Spring St, Herndon, VA 20170



459 Herndon Pkwy #21Herndon, VA 20170T 703.734.2822C [email protected] #0225211354

PROFESSIONAL BACKGROUNDMatt has over 5+ years of experience in commercial real estate, specifically in commercial brokerage. As a listing and tenantrepresentative for SVN in the Northern VA and Washington D.C. market, Matt has worked with a multitude of clients including butnot limited to project developers, investment companies, national service firms, and medical related owners/companies. Matt assistsclients with achieving desired real estate objectives, financial analysis, future market strategies and priorities, and his experienceencompasses sales and leasing expertise in office, industrial, retail and international business projects.

In addition to his expertise in the Washington D.C. Metro area Matt has produced over $75MM of real estate transactions and hasworked with the following Owners and/or Tenants: CIII Asset Management, McDonalds, Titlemax, Orr Partners, John Deere,International Association of Fire Chiefs, Metro Star Systems, Cricket Wireless, Burke and Herbert Bank, Nationwide IT Services,Northpoint, Saadeh Partners, Edward Jones Financial, Cornu Bakery, and several medical and dental clients.

Prior to joining SVN Matt had honed his skills by working in banking and lending, investment advising, and financial and operationmanagement. Matt earned his MBA degree from Seton Hill University and holds a Business Administration/Marketing degree fromCalifornia University of PA.

Matt is currently licensed in Virginia and Washington DC.

MATTHEW JENKINSSr. Investment Advisor

MATTHEW JENKINSSpring St. Office Complex 151 Spring St, Herndon, VA 20170

Spring St. Office Complex - LoopNet...EXECUTIVE SUMMARY Spring St. Office Complex 151 Spring St,...

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