9900 Main StFairfax, VA 22031

  • Office properties
  • 66,590 SF
For Lease
$22/SF/YR View listing

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
9900 Main St, Fairfax, Virginia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,017
$1,425,400
$1,364,400
$2,789,800
-
$1,425,400
$1,364,400
$2,789,800

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