8551 Rixlew LnManassas, VA 20109

Property Details for 8551 Rixlew Ln

Year built

2007

Lot size

5.64 AC

Property size (Sq ft)

37,224 SF

Zone code

GENERAL BUSINESS

Property type

Office properties

Property subtype

Office buildings

APN

7696-75-5042

APU

7696755042

Description

This exceptional Class A office building, constructed in 2007, offers multiple suites for lease in Manassas, Virginia. Located at 8551 Rixlew Ln, 20109, this four-story building boasts 48,000 square feet of space and provides ample parking with 193 spaces (a 4.2:1,000 sq ft ratio). Two fully ADA-compliant elevators ensure convenient access to all floors. The building is designed to accommodate both medical and general office uses and features high-speed internet access via Verizon and Comcast Fiber. Enjoy expansive window lines offering stunning views of the Bull Run Mountains, Centreville, and Manassas. The property is ideally situated near Prince William Hospital, with easy access to major roadways including I-66, Route 234 Business, and the Route 234 Bypass. Numerous restaurants and shopping amenities are within walking distance. Future amenities include 2-4 EV charging stations. Currently available are two suites: Suite 400, offering 1,500 to 12,440 square feet (the entire fourth floor is available), and Suite 230, a 9,300 square foot space featuring 12 offices, a conference room, two workrooms, a showroom, reception area, and breakroom. Both suites are fully built-out and ready for immediate occupancy. Lease terms of 3-10 years are available. The building is located in a HUBZone, offering potential federal contracting advantages. The property is zoned B-1.

• CAP approach

  CAP return

  Valuation

  6%

  $8,250,593

  6.5%

  $7,615,932

  7%

  $7,071,937

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,580,576

  Geo Method

  $3,580,576

• Alternative Use

  Use

  Valuation

  Residential

  $9,443,756

  Hospitality

  $8,650,430

  Educational

  $7,197,056

  Medical

  $7,444,574

  Retail

  $11,195,420

Location Insight

City

Manassas

County

Prince William

State

Virginia

Latitude

38.7711

Longitude

-77.502

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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