9900 Main StFairfax, VA 22031
- Office properties
- 66,590 SF
Property Details for 9900 Main St
- Year built
- 1978
- Lot size
- 1.09 AC
- Property size (Sq ft)
- 66,590 SF
- Zone code
- COMMERCIAL RETAIL
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 58-3-02-00-013-B
- APU
- 5830200013B
Description
This exceptional 129,217 square foot professional center, located at 9900 Main St, Fairfax, VA 22031 in Fairfax County, presents a rare opportunity. Built in 1980, the property boasts a diverse tenant base within a thriving commercial and medical office setting. Currently, there is zero vacancy across the multiple tenancies. The building's classification includes Retail, Office, Medical Office, and Commercial space, catering to a wide range of businesses. The property's size and established presence make it an ideal investment for those seeking a stable, high-performing asset. While currently fully occupied, the property's history indicates a range of suite sizes previously available, from 577 square feet to 2,400 square feet, suggesting flexibility for future tenant needs. Its strategic location in Fairfax, Virginia, ensures high visibility and accessibility. This fully occupied building represents a strong investment opportunity in a desirable and well-established market. The property's consistent occupancy underscores its appeal and potential for long-term growth and return. Interested parties are encouraged to inquire for further details and financial information.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,759,483
- 6.5%
- $13,624,138
- 7%
- $12,650,985
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,405,292
- Geo Method
- $6,405,292
-
Alternative Use
- Use
- Valuation
- Residential
- $16,893,932
- Hospitality
- $15,474,750
- Educational
- $12,874,811
- Medical
- $13,317,595
- Retail
- $20,027,484
Location Insight
- City
- Fairfax
- County
- Fairfax City
- State
- Virginia
- Latitude
- 38.8442
- Longitude
- -77.288
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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