10501 Main St
Fairfax, VA 22030

Steve Horvath and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale, Wells Fargo Ground Lease in Fairfax (Washington, DC Area), VA. We welcome your review of this attractive investment. Highlights are as follows: EXPERIENCED AND SEASONED BRANCH: Wells Fargo has been successfully operating at this location since 2005. The branch recasted a new 10 year lease in 2015, showing its commitment to the area and subject site. There are 8.5 years remaining on the term. OUTSTANDING BRANCH DEPOSITS | $113MM: As of June 2016, the subject branch accounted for over $113MM in deposits. EXCELLENT DEMOGRAPHICS | $150K+ HOUSEHOLD INCOME: Population density complements the premier household income averages which are some of the best in the country. Fairfax County ranks second in the nation among large U.S. counties in terms of median household income, trailing only its neighbor, Loudoun County. ABSOLUTE NET GROUND LEASE ON A HARD CORNER: The subject property has zero landlord responsibilities and sits on a hard corner at a very busy intersection. A+ LOCATION: Downtown Fairfax and the surrounding area is considered by many to be Washington D.C.' s top suburban submarket. Several area attractions surround the subject branch site including: Fair Oaks Mall, Fairfax County Courthouse, Fairfax County Government Center, George Mason University, Dulles Airport, Fairfax County Hospital, multiple top-tier high schools, country clubs and high-end retail. HIGHLY TRAFFICKED AREA | MAJOR HIGHWAYS: Immediate traffic count on Main Street is 45,000 VPD. A few of the most populous highways in Northern Virginia and Washington D.C. intersect within miles of the subject branch site, including: I-66 (170,000 VPD), I-495 (173,000 VPD), Route-50 (70,000 VPD) and Fairfax County Parkway(67,000 VPD). EXTREMELY HIGH BARRIERS TO ENTRY: Assembling any commercial land in Fairfax city, or for that matter Fairfax County, is very, very difficult. It is also extremely tough to obtain any type of rezoning to commercial land in Fairfax city.