Map pin3110 Fairview Park Dr, Falls Church, VA, 22042-4536, US

3110 Fairview Park

3110 Fairview Park_판매용 부동산

개요

건물 총면적
23,681 제곱미터
점유율
72%
WAULT
6.8 년
건축년도
1986
리노베이션 년도
2017

묘사

Jones Lang LaSalle (“JLL”), as exclusive representative for the Owner, is pleased to present the opportunity to acquire 3110 Fairview Park Drive (“3110 Fairview” or the “Property”), a fully-renovated 254,898 BRSF Class A office asset currently 72% leased to 21 tenants with 6.8 years WALT. Over $15 MM of base building and amenity spend since 2016, including the recent delivery of over $2.9 million in amenity upgrades including a new lobby, conference center, fitness center, and boutique café offers tenants a dynamic, modernized experience that has resulted in over 60,000 SF of leasing in the past 24 months including two full-floor tenants. The Property’s +/- 18,500 SF floor plates and four sides of glass with unobstructed views provides the ultimate flexibility for single and multi-tenant leasing strategies.


3110 Fairview’s location combines easy accessibility with premier demand drivers. Prominently located at the intersection of I-495 and Route 50 and less than 2 miles from I-66, the Property offers tenants easy ingress/egress to Northern VA’s major thoroughfares that is critical for return-to-office in the post-pandemic environment. The Mosaic District, a 2 million SF mixed-use development located less than a 5-minute drive away, provides a diverse amenity base with both fast-casual and formal dining and upscale retail. Meanwhile, the Northern VA leasing market has been protected from the majority of federal downsizing due to the prominence of defense-related tenancy and a FY26 Department of Defense budget that held steady at 2025 levels, amidst massive cuts to other sectors. The nearby headquarters of Northrop Grumman and BAE Systems create a local defense contractor ecosystem and tenant base that investors can target to reach stabilization.


Offered free and clear of existing debt at a fraction of replacement cost, 3110 Fairview offers a unique opportunity to capitalize on one of the most highly-amenitized assets in the submarket with strong demand tailwinds. The extensive capital spend by existing Owner leaves minimal go-forward capital required, allowing investors to focus on achieving full lease up and stabilization.


3110 Fairview is one of multiple assets being marketed concurrently by Seller. Offers will be accepted on a portfolio and/or single asset basis.

...

투자 하이라이트

  1. 14-Story, 254,898 BRSF Class A Office Asset 72% Leased with 6.8 Years WALT
  2. $15 MM In Base Building & Amenity Spend Since 2016
  3. Fully Renovated and Highly Amenitized with Brand New Lobby, Conference Center, Fitness Center, and Boutique Café
  4. Over 60,000 SF of Leasing Activity in the Past 24 Months Including 2 Full-Floor Tenants
  5. Highly Accessible via Northern VA’s Most Prominent Thoroughfares – I-495, I-66 and Route 50
  6. Acquisition Basis at a Fraction of Replacement Cost with Minimal Go-Forward Capex Required
3110 Fairview Park 4_판매용 부동산
3110 Fairview Park 4_판매용 부동산
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