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25509599
25509600

3702 Pender Dr, Fairfax, VA 22030

JL
VA 0226032111
Legat Commercial Real Estate LLC
Listed by Legat Commercial Real Estate LLC
$11,000,000
318 days on market
Updated 3 days ago

West Oaks Executive Park 2

Details
Property Type Office
Sub Type Executive Office
Square Footage 77,595
Net Rentable (SqFt) 77,595
Cap Rate 10%
NOI $1,100,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Price per SqFt $142
Broker Co-Op Yes
Class A
Year Built 1986
Buildings 1
Stories 4
Lot Size (SqFt) 104,108
Zoning I-4
Parking Spaces 3.50 per 1,000 sq ft
Investment Type Value Add
Ownership Private
Sale Condition 1031 exchange

Office | 10.00% CAP | 77,595 SqFt

Marketing description

WEST OAKS EXECUTIVE PARK 2 at 3702 Pender Drive in Fairfax, VA offers a prime opportunity for investors. This prominent office building boasts high visibility with frontage on I-66, making it a sought-after location. Priced at $11,000,000 ($141.76 PSF), this property presents a superior investment potential. With a spacious 77,595 SF building size, the location is unmatched, just minutes from Fair Oaks Mall, Fairfax Corner, and East Market. Enjoy excellent signage potential on I-66 and proximity to various amenities including four delis, health clubs, hotels, and more within walking distance. The property features a 60.00% immediate vacancy rate and Class A common area finishes. Don't miss out on this lucrative opportunity at WEST OAKS EXECUTIVE PARK 2 - contact us for more information on how you can make this property a cornerstone of your investment portfolio.

Investment highlights

  • Excellent signage potential on Rt. 66

  • Turn-key Build-out Improvement are available

  • Superior location off I-66 and Rt. 50 in Fairfax Center

  • Class A common area finishes

  • Minutes from Fair Oaks Mall, Fair Corner and East Market

  • Four delis within walking distance

  • Amenities such as health club, hotel, day care and banks within minutes

  • Generous free surface parking at a 3.5/1000 Parking Ration

  • Outdoor patio overlooking pond for building tenants

  • Generous Parking

Listing Contacts

JL
VA 0226032111
Legat Commercial Real Estate LLC
Listed by Legat Commercial Real Estate LLC

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Loan Amount
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$1,100,000.00
$91,666.67/mo

Valuation Metrics

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10%
Cap Rate
10%
ROI

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Additional Information

Name
James Legat
License
VA 0225059433
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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