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.

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Attributes

Number of buildings
2
Building class
A
Building area net
99,623 sf
Occupancy
86%
Year built
2006
Land area gross
6.56 acres
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

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Fettler Park I & II (0 Properties)

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Last updated
16 May 2024