Crown Ridge_出售物業
Crown Ridge_出售物業
Fairfax, VA, US

Crown Ridge

資產詳情

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this offering for the sale of Crown Ridge at Fair Oaks (“Crown Ridge” or the “Property”), an 8-story, 194,699 SF newly renovated office asset located at 4035 Ridge Top Road in Fairfax, Virginia. The recent beneficiary of over $1.1 million in upgrades, Crown Ridge offers tenants a dynamic, modernized entryway and common area, as well as other amenities including a fully-equipped fitness center and on-site café. Furthermore, the Property offers abundant structured parking with over 686 spaces and a 3.5/1,000 RSF parking ratio.


At the intersection of Route 50 and I-66, Crown Ridge provides outstanding accessibility to downtown Washington, DC within 30 minutes and to the broader Northern Virginia region. Located in the heart of the Fairfax Center mixed-use environment, the Property offers tenants an amenity-rich surrounding area with over 4.3 MM SF of retail within a 2-mile radius, including Fairfax Centre, Fairfax Corner, and Fair Oaks Mall.


Already home to 10 Fortune 500 companies, Fairfax County is poised to continue to benefit from the immense growth within the region, highlighted by Department of Defense spending, Northern Virginia employment growth, and Amazon’s HQ2 – a 5.3 MM SF campus set to deliver up to 25,000 Amazon jobs by 2028.


Crown Ridge is presented free and clear of existing debt and will be acquired at a significant discount to replacement cost. A compelling go-forward basis will enable investors to employ a multitude of value-add strategies leveraging Seller’s recent amenitization of the Property and in turn, capturing outsized tenant demand within the submarket near-term.

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特性

建築物面積 (淨面積)
194,699 平方呎
使用/出租率
45.00%
落成年份
1989
土地面積
6.78 英畝 (295,337 平方呎)

媒體

投資亮點

  • 8-Story, 194,699 RSF Class A Office Asset in the Heart of Fairfax County, Virginia
  • Transformative $1.1 MM Renovation
  • Highly Amenitized – Fully-Equipped Fitness Center and On-Site Café
  • Major Fairfax County Thoroughfares – I-66, Route 50, Fairfax County Parkway, and Fair Lakes Parkway – Provide Broader Connectivity to Northern Virginia and the Greater Washington, DC Metropolitan Region
  • Amenity-Rich Location – Fairfax Centre, Fairfax Court, Fair Oaks Mall, Fairfax Corner, Fairfax Towne Center, and Fair Lakes Promenade All Within a 10-Minute Drive
  • Strategically Positioned in the Epicenter of Northern Virginia’s Employment Hubs
  • Free and Clear of Existing Debt

聯絡地產代理

Crown Ridge (0 項物業)
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更新日期
2023年2月22日