2900 K St NW
2900 K St NW, Washington, DC, 20007-5105, US
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this offering for 11100 Endeavor Court (“11100 Endeavor” or the “Property”), a 42,668 RSF Class A office building with an additional 2.58-acre parcel of development-ready land located in Manassas, Virginia. This 2012-vintage product contains 9,126 SF of purpose-built wet lab space occupied by the Prince William County Virginia Science Accelerator (Prince William County: AAA S&P), a biotech incubator space operated by the County’s Department of Economic Development. With no competing office under construction and significant land constraints, 11100 Endeavor is optimally positioned with durable cash flow in one of the fastest growing submarkets in Northern Virginia.
The Property is strategically located in one of Northern Virginia’s most accessible areas by car, rail, and air. The Property is seven minutes from Manassas Regional Airport (MNZ), which is currently in the process of expansion to commercial service, and 25 and 40 minutes from Dulles International Airport (IAD) and Reagan National Airport (DCA), respectively. All the major vehicular thoroughfares in the region are easily accessible due to the Property’s direct frontage to Prince William Parkway and location five miles from I-66 and 20 miles from I-95. The Manassas Rail Station is also less than five miles from the Property, making commuter rail transit to downtown DC on the Virginia Railway Express Manassas Line and intercity travel on Amtrak’s Northeast Regional service (Amtrak’s busiest route, with more than seven million in annual ridership) extremely convenient. With all these multimodal transit options in close proximity, the Property truly boasts local, regional, and international connectivity.
This transit-oriented location is in the heart of Prince William County, one of the DC metro’s largest data center and life sciences clusters. As such, the County has invested significant resources to capitalize on its unique STEM capabilities and promote economic development. The 1,700-acre Innovation Park where the Property is located is a mixed-use science and technology-oriented employment hub immediately adjacent to George Mason University’s Science and Technology Campus. The county has supported development of Innovation Park as a pedestrian-oriented research district, estimated to create between 20,000 and 40,000 jobs in the area by the County Small Area Plan and complement GMU’s $83.6 million research facility currently under construction and its plans for a potential new medical school. Prince William County’s investment to grow Manassas into a premier biotechnology hub includes maintaining the Prince William County Virginia Science Accelerator at the Property. This life sciences incubation facility fosters early-stage research companies by providing them high-quality wet lab space and amenities in an unbeatable location among federal, university, and corporate research facilities and institutions. Startups who grow out of their space in the Accelerator also have access to larger wet lab facilities in the 2022-delivered 30,000 SF Northern Virginia Bioscience Center across the street from the Property. This commercial wet lab space offers larger suite sizes for accelerated companies, creating an organic pipeline for bioeconomy growth in Manassas. In this vibrant and expanding research hub, the Property fulfills a critical niche.
11100 Endeavor represents a rare opportunity to acquire an asset with credit-rated tenancy and durable in-place cash flow with additional development potential in a rapidly growing biotech and data center cluster.