Fettler Park I & II_Property for Sale
Fettler Park I & II_Property for Sale
3850 Fettler Park Dr, Dumfries, VA, 22025-2037, US

Fettler Park I & II

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this opportunity to purchase Fettler Park I & II (the “Property”), a two-building, 99,623 RSF Class A office complex located at 3800 and 3850 Fettler Park Drive in Dumfries, VA.


Built in 2006, Fettler Park I & II are 86% leased to 18 tenants with 4.3 years of weighted average lease term (WALT) and are strategically located at the intersection of I-95 and Route 234, providing unmatched accessibility to the entire DC Metro region. The Property is equipped with fiber connection, premium headquarters-quality finishes, abundant parking (4.1/1,000 ratio), and convenient access to a nearby amenity base offering a wide array of fast-casual lunch options. Direct proximity to federal demand drivers including Marine Corps Base Quantico (9-minute drive), Fort Belvoir, and the National Geospatial-Intelligence Agency (NGA) draws a large federal contractor tenancy base to the Woodbridge/I-95 Corridor submarket, which boasts a single-digit vacancy rate (6.1% as of Q1 2024). Accordingly, Fettler Park I & II offer investors the unique opportunity to acquire institutional-quality assets conveniently located in a submarket poised to outperform on a go-forward basis.

...

Attributes

Number of buildings
2
Building class
A
Building area net
9,255 m²
Occupancy
86%
Year built
2006
Land area gross
3 ha
WAULT
4.3 years

Media

Investment Highlights

  1. Two 3-Story, Institutional-Quality Class A Office Assets Totaling 99,623 RSF
  2. 86% leased to 18 Tenants with 4.3 years of WALT
  3. First Class Tenant Fit Outs Featuring SCIF Space and Highly Secure Suites
  4. Woodbridge/I-95 Corridor Office Market Boasts a 6.1% Vacancy Rate and 6.3% Rent Growth Over Last Three Years
  5. Situated in Direct Proximity to Federal Demand Drivers – 9 Minutes from Marine Corps Base Quantico and 25 Minutes from Fort Belvoir and National Geospatial-Intelligence Agency (NGA)
  6. Strategically Located at the Intersection of I-95 & Route 234, Providing Convenient Connectivity to the Entire DC Metro Region
  7. Abundant Nearby Amenities Including Chick-Fil-A, Subway, Tropical Smoothie Café, Starbucks, and Panera Bread, Create a Dynamic and Engaging Workplace Location
Fettler Park I & II 4_Property for Sale
Fettler Park I & II 4_Property for Sale

Contact brokers

Fettler Park I & II (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
30 Apr 2024