Lowe's - Fairfax, VA 2026

JLL is pleased to exclusively offer for sale the leasehold interest in the Lowe’s Home Improvement (the “Property“) located in Fairfax, VA (D.C. MSA). The Property is fully occupied by Lowe’s (the “Tenant“) which is subject to an Absolute NNN lease with 8.8 years of term remaining in the primary term. The Property is situated within a dense corridor and anchors Fairfax Court shopping center (2.6M annual visits) approximately 14 miles west of Washington D.C., this location boasts irreplaceable real estate fundamentals. Prominent retailers surround the Property and contribute to this dynamic retail trade area, including a Walmart Supercenter (2.2M annual visits) across the street, Costco (6M annual visits), and six of Virginia’s top 10 busiest shopping centers are within a 10-mile radius.

The surrounding area has experienced a 27% population growth since 2010 and features a wealthy consumer base, with average annual household incomes exceeding $200,000. This growth has served as a catalyst for new development, as more than 1,000 apartment units are being planned within a half mile from the site. Fairfax Boulevard (58,000 VPD) and nearby Vienna/Fairfax Metrorail Station provide direct connectivity to downtown D.C.. George Mason University, a four-year institution with more than 40,000 students, sits less than two miles from the Property and serves as an additional anchor to the community. The surrounding Fairfax County is amongst the wealthiest and most desirable counties in the nation. 11 Fortune 500 companies call Fairfax County home, providing major contributions to the local economy.

This offering presents a rare opportunity to acquire long-term cash flow backed by investment grade tenancy in a premier growth pocket of a major metropolitan area.