
11100 Endeavor Court
11100 Endeavor Ct, Manassas, VA, 20109, US
3,964 平方米
Jones Lang LaSalle Americas, Inc. ("JLL"), as exclusive representative for Owner, is pleased to present this opportunity to purchase Parkridge III (the "Property"), a 107,544 RSF Class A office building located at 10701 Parkridge Boulevard in Reston, Virginia. The Property is currently 66% leased to 6 tenants with over 90% of the building's rentable area expiring by year end 2027.
Located directly off the Dulles Toll Road and within Parkridge Business Park, the Property - with over $4.0 MM in recent capital spend - has consistently outpaced its submarket, due to its amenitization and accessibility. However, should investors no longer look to effectuate a value-add, office centric business plan, the Property's current occupancy, expiration schedule, and site area (7.2 acres) may be more conducive to non-office uses medium to long-term. Accordingly, Parkridge III will be highly attractive and sought after investment opportunity given its strong in-place cash flow and business plan optionality on a go-forward basis.