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The Freedom Building

Off-Market

22570 Markey Court, Sterling, VA 20166

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  • Property Type Office - Flex - Office
  • Property Size 33,741 Sqft
  • Lot Size 2.02 Acre
  • Parking Spaces Avail. 97
  • Parking Ratio 2.90/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1996

Location

  • City Sterling, VA
  • Neighborhood Sterling (outside of town)
  • Zip Code 20166
  • Market Washington DC Suburban Maryland

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 09 May, 2003
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Sterling

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Sterling Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $24.35
  • 2020 Office Vacancy Rate 15.55%
  • 2020 Office Completions (Sqft)
View more Sterling market trends

Tax

  • Property Tax in 2020 $35,323
  • Market Value $2,514,130
  • Assessed Value $2,514,130

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of The Freedom Building?

The Freedom Building totals 33,741 square feet.

When was this property built?

The Freedom Building was built in 1996.

When was The Freedom Building last sold?

The Freedom Building was last sold on 09 May, 2003.

What is the property tax for The Freedom Building?

The property tax for The Freedom Building in 2020 was $35,323.

What is the market value for The Freedom Building?

The market value for The Freedom Building in 2020 was $2,514,130.

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