10301 Democracy LnFairfax, VA 22030

Property Details for 10301 Democracy Ln

Year built

1985

Lot size

2.07 AC

Property size (Sq ft)

51,990 SF

Zone code

COMMERCIAL RETAIL

Property type

Office properties

Property subtype

Office buildings

APN

57-2-27- B-000

APU

57227B000

Description

This exceptional medical office building at 10301 Democracy Lane in Fairfax, Virginia, 22030 offers multiple suites available for lease. The property totals 9,439 square feet, with a minimum divisible space of 2,735 square feet and a maximum contiguous space of 6,704 square feet. Currently, there is 13,221 square feet of vacant space, providing ample opportunity for various medical practices or office uses. Each suite is fully built-out and ready for immediate occupancy, eliminating the need for extensive renovations. The building is conveniently located in the heart of Fairfax City, offering easy access to major transportation routes and amenities. The property features elevators for convenient access to all floors. This is a competitively priced opportunity, with a full-service rate of $19 per square foot, net of janitorial cleaning. The available spaces range from 1,688 to 6,704 square feet, catering to a variety of practice sizes and needs. This prime location and fully equipped spaces make this an ideal opportunity for medical professionals seeking a modern and efficient workspace. Contact the listing agent to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $11,523,435

  6.5%

  $10,637,017

  7%

  $9,877,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,000,918

  Geo Method

  $5,000,918

• Alternative Use

  Use

  Valuation

  Residential

  $13,189,901

  Hospitality

  $12,081,878

  Educational

  $10,051,981

  Medical

  $10,397,684

  Retail

  $15,636,415

Location Insight

City

Fairfax

County

Fairfax City

State

Virginia

Latitude

38.8497

Longitude

-77.3002

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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