3022 Javier Rd
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3022 Javier Rd
19,329 SF 48% Leased Office Building Fairfax, VA 22031 $6,900,000 ($357/SF)
INVESTMENT HIGHLIGHTS
- Seller Financing Available – Competitive 4.625% interest rate offers favorable terms.
- Owner-User or Investment Opportunity – 58% leased, 42% vacant usable space, allowing for occupancy while generating rental income.
- Future Development Potential – C-3 zoning allows for building expansion up to 65 feet (subject to county approval).
- Prime Location – Located off Route 50, minutes from I-495 and I-66, and near Inova Fairfax Hospital.
- Income Generating – Current NOI of $269,205 with potential upside.
- Recent Capital Improvements – New Firestone roof (2020) and 14 HVAC units (most recently replaced).
EXECUTIVE SUMMARY
An exceptional owner-user or value-add investment opportunity awaits at 3022 Javier Road, Fairfax, VA. This 19,329 SF office building, strategically located off Route 50 and just minutes from I-495 and I-66, offers prime accessibility in the sought-after Merrifield submarket of Fairfax County. Its close proximity to Inova Fairfax Hospital makes it ideal for medical, professional, or investment use. Seller financing is available at a competitive 4.625% interest rate, providing an attractive opportunity in today’s market.
Currently 58% leased with 42% vacant usable space, this property allows an owner-user to occupy a portion of the building while benefiting from existing rental income. With a current NOI of $269,205, the building presents strong investment potential. The property boasts recent capital improvements, including a new Firestone roof (2020) and 14 HVAC units, most of which have been recently replaced. Additionally, C-3 zoning permits future expansion, allowing the building to be constructed up to 65 feet, subject to county approval.
The site includes 61 surface parking spaces and benefits from high-density traffic and strong local demographics, further enhancing its value. Located near major highways and Washington Dulles and Reagan National Airports, this property is easily accessible for both tenants and clients. Whether you’re seeking immediate occupancy or long-term value appreciation, this is a rare opportunity to secure a premier office asset with flexible financing options.
Currently 58% leased with 42% vacant usable space, this property allows an owner-user to occupy a portion of the building while benefiting from existing rental income. With a current NOI of $269,205, the building presents strong investment potential. The property boasts recent capital improvements, including a new Firestone roof (2020) and 14 HVAC units, most of which have been recently replaced. Additionally, C-3 zoning permits future expansion, allowing the building to be constructed up to 65 feet, subject to county approval.
The site includes 61 surface parking spaces and benefits from high-density traffic and strong local demographics, further enhancing its value. Located near major highways and Washington Dulles and Reagan National Airports, this property is easily accessible for both tenants and clients. Whether you’re seeking immediate occupancy or long-term value appreciation, this is a rare opportunity to secure a premier office asset with flexible financing options.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
19,329 SF
Building Class
B
Year Built
1982
Price
$6,900,000
Price Per SF
$357
Percent Leased
48%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,665 SF
Building FAR
0.51
Lot Size
0.87 AC
Zoning
C-3
Parking
61 Spaces (3.16 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 0493-14-0004 | Improvements Assessment | $2,642,380 |
| Land Assessment | $307,200 | Total Assessment | $2,949,580 |
PROPERTY TAXES
Parcel Number
0493-14-0004
Land Assessment
$307,200
Improvements Assessment
$2,642,380
Total Assessment
$2,949,580
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3022 Javier Rd
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