Waverly Park Office Condominiums
Spaces
Office | 3 spaces available | 3,345 SqFt - 3,689 SqFt
Building description
Serafin Real Estate is pleased to offer available suites for lease at Waverly Park Office Condominiums, 602 South King Street in Historic Downtown Leesburg, Virginia. Waverly Park presents an exceptional opportunity for professional service firms, medical and dental practices, government-adjacent businesses, and owner-operated companies seeking a prestigious downtown Leesburg address with the operational functionality of a well-established Class B office building. Available suites range from approximately 3,100 to 4,039 square feet, with multiple contiguous configurations possible for tenants requiring larger footprints — making Waverly Park a practical solution for businesses at a wide range of size requirements.
The building offers the infrastructure and amenities that professional tenants demand: steel-frame construction, elevator service, on-site surface parking at a generous 5.0 spaces per 1,000 square feet, and immediate access to the full amenity base of Historic Downtown Leesburg including retail, restaurants, banking, and government services — all within walking distance. The Loudoun County Courthouse and Government Center are steps away, making Waverly Park a natural home for legal, title, financial advisory, and government-facing practices that benefit from proximity to the county's civic and administrative core.
Suites are offered on a triple net basis at asking rates ranging from $25.50 to $27.00 per square foot, consistent with current market conditions in one of Northern Virginia's tightest office submarkets. With Leesburg / West Loudoun Class B vacancy sitting at just 4.3%, quality options at this location and price point are limited — and absorption has accelerated significantly over the past twelve months. Tenants seeking a long-term home in a stable, high-demand submarket with unmatched downtown walkability will find few comparable opportunities in today's market.
Building highlights
- Premier downtown Leesburg address — 602 South King Street; high-visibility frontage on the primary commercial corridor of Loudoun County's county seat
- Flexible suite sizes — available suites from approximately 3,100 to 4,039 SF; contiguous combinations available for tenants requiring up to approximately 23,580 SF
- Abundant on-site parking — 80 surface spaces at 5.0 per 1,000 SF; a rare amenity for a downtown location
- Walkable to Loudoun County's civic core — steps from the Loudoun County Courthouse, Government Center, legal community, retail, restaurants, and banking
- Superior regional connectivity — immediate access to Routes 7, 15, and the Dulles Greenway (Route 267); 15 miles to Dulles International Airport
- Elevator-served, professional environment — four-story steel-frame building with elevator access; well-suited for professional services, medical, legal, and government-adjacent tenants
- Tight submarket with limited alternatives — Leesburg / West Loudoun Class B vacancy at 4.3%; well-located availabilities at this price point are rare and leasing quickly
- NNN lease structure — triple net basis at $25.50–$27.00/SF; competitive with submarket asking rents for comparable downtown product
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