Merrifield Office Building

3022 Javier Road Fairfax, VA 22031

3022 Javier Road, Fairfax, VA, 22031
3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031 3022 Javier Road, Fairfax, VA, 22031
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$6,900,000
Last Verified:
Nov 27, 2024

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Highlights

  • Prime Opportunity for Owner-User to Occupy and Collect Rent to Cover Debt and Expenses with some cash flow
  • Ideally Located Near Inova Fairfax Hospital
  • New Firestone Roof (2020)
  • 14 HVAC Units (Most Replaced Recently)
  • Minutes to I-495, I-66, and Rt. 50
  • High Density and High Traffic Counts
  • Owner-User or Value-Add Investment Opportunity
  • Zoning allows building up to 65', subject to engineering and county approval.

Description

Owner-User or Value-Add Investor Opportunity. This office building is conveniently located off of Rt. 50 in the Merrifield area of Fairfax County. With its close proximity to Fairfax Inova Hospital, it is ideal for medical use, however, the zoning allows for many permitted uses by right (see zoning information in the "Documents" tab.) The property is minutes from I-495 and I-66.

SELLER-FINANCING AVAILABLE. Please see documents or contact us for details. Prime opportunity for an owner-user to utilize one floor of the building and cash flow from the current rental income. The building is approximately 48% leased, most on short term leases, but long term tenants allowing for the opportunity of owner-user expansion or more investment income.

Fairfax, Virginia, is a thriving suburban city known for its affluence, economic stability, and proximity to the nation’s capital. As one of the wealthiest regions in the United States, Fairfax boasts a high median household income and a highly educated, skilled workforce. This affluent community provides a solid customer base for businesses across various sectors, from technology and healthcare to retail and professional services.

The economic landscape in Fairfax is marked by robust growth, with a thriving business environment that benefits from both local consumer demand and a steady influx of business from nearby Washington, D.C. Fairfax's economy is bolstered by its diversity, with strong representation in sectors such as IT, defense, and public administration, as well as growing demand for commercial office and retail spaces to support this expansion. The city’s strategic location within the DC metropolitan area enhances connectivity to major regional, national, and global markets, making it an attractive location for companies seeking a blend of suburban stability and metropolitan opportunity.

Moreover, Fairfax enjoys access to one of the most talented workforces in the country. With a high percentage of residents holding advanced degrees, local businesses benefit from a pool of highly skilled professionals who bring expertise, innovation, and experience. Additionally, this skilled workforce is complemented by the steady stream of talent from nearby universities, making Fairfax an excellent choice for businesses looking to tap into fresh, cutting-edge talent.

The city's pro-business policies, combined with access to a major international airport and a network of highways, make it an ideal location for companies wanting the advantages of being close to Washington, D.C., without the high overhead costs often associated with operating directly in the capital.


Year Built: 1982
Building Size: 19329sq ft
Building Class: B
Lot Size: 0.87 acres


Documents

Offering Memorandum

Map of 3022 Javier Road, Fairfax, VA, 22031

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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