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9720 Capital Ct - Two Fortune 500 Rented Class A Office Condos

1,872 - 3,149 SF Office Condo Units Offered at $545,000 - $845,000 Per Unit in Manassas, VA 20110

Executive Summary

Investment Opportunity: Two Fortune 500 leased Class A office condos overlooking Manassas Airport and Innovation in Manassas, VA. Currently leased to Applied Materials (semiconductors) and Accenture, both Fortune 500 companies. Great window lines offer spectacular panoramic views. Building includes elevators and nicely decorated lobby. Located near Manassas Airport and Prince William Parkway and RT 28 interchange. Suites can be sold separately. Suite 300 with 3149 sf: Tenant, Applied Materials, Inc. (Semiconductor) Fortune 500 moved in February 2019. New 5 year lease renewal signed in November 2024 with two (2) Five (5) year options to renew. Suite 403 with 1870 sf: Tenant, Accenture, Fortune 500, moved in June 2019. New 5 year lease signed in October 2024. Sale Price: $1,390.000 NOI: $86,581.89 Cap Rate: 6.2%

Property Facts

Price $545,000 - $845,000
Unit Size 1,872 - 3,149 SF
No. Units 2
Total Building Size 72,000 SF
Property Type Office
Property Subtype Medical
Building Class A
Floors 4
Typical Floor Size 18,000 SF
Year Built 2006
Lot Size 4.23 AC
Parking Ratio 4.17/1,000 SF

2 Units Available

Unit 300

Unit Size 3,149 SF
Price $845,000
Price Per SF $268.34
Condo Use Office
Sale Type Investment
Cap Rate 6.41%
NOI $54,158
Description

Investment Opportunity:  Fortune 500 leased Class A office condo overlooking Manassas Airport and Innovation in Manassas, VA. Currently leased to Applied Materials (semiconductors) a Fortune 500 company. Great window lines offer spectacular panoramic views. Building includes elevators and nicely decorated lobby. Located near Manassas Airport and Prince William Parkway and RT 28 interchange. Suites 403 is also available.

Suite 300 with 3149 sf: Tenant, Applied Materials, Inc. (Semiconductor) Fortune 500 moved in February 2019. New 5 year lease renewal signed in November 2024 with two (2) Five (5) year options to renew.
Sale Price for Suite 300: $845,000;  Cap Rate: 6.4%  NOI: $54,158.24

Sale Notes

Investment Opportunity:  Fortune 500 leased Class A office condo overlooking Manassas Airport and Innovation in Manassas, VA. Currently leased to Applied Materials (semiconductors) a Fortune 500 company. Great window lines offer spectacular panoramic views. Building includes elevators and nicely decorated lobby. Located near Manassas Airport and Prince William Parkway and RT 28 interchange. Suites 403 is also available.

Suite 300 with 3149 sf: Tenant, Applied Materials, Inc. (Semiconductor) Fortune 500 moved in February 2019. New 5 year lease renewal signed in November 2024 with two (2) Five (5) year options to renew.
Sale Price for Suite 300: $845,000;  Cap Rate: 6.4%  NOI: $54,158.24

Unit 403

Unit Size 1,872 SF
Price $545,000
Price Per SF $291.13
Condo Use Office
Sale Type Investment or Owner User
Cap Rate 6.10%
NOI $33,224.25
Description

Investment Opportunity:  Fortune 500 leased Class A office condos overlooking Manassas Airport and Innovation in Manassas, VA. Currently leased to Accenture, a Fortune 500 company. Great window lines offer spectacular panoramic views. Building includes elevators and nicely decorated lobby. Located near Manassas Airport and Prince William Parkway and RT 28 interchange. Suite 300 is also available for sale.

Suite 403 with 1870 sf: Tenant, Accenture, Fortune 500, moved in June 2019.
New 5 year lease signed in October 2024.
Sale Price for Suite 403: $543,284.00 NOI: $33,224.25 Cap Rate: 6.1%

Sale Notes

Investment Opportunity:  Fortune 500 leased Class A office condos overlooking Manassas Airport and Innovation in Manassas, VA. Currently leased to Accenture, a Fortune 500 company. Great window lines offer spectacular panoramic views. Building includes elevators and nicely decorated lobby. Located near Manassas Airport and Prince William Parkway and RT 28 interchange. Suite 300 is also available for sale.

Suite 403 with 1870 sf: Tenant, Accenture, Fortune 500, moved in June 2019.
New 5 year lease signed in October 2024.
Sale Price for Suite 403: $543,284.00 NOI: $33,224.25 Cap Rate: 6.1%

Amenities

  • 24 Hour Access
  • Central Heating
  • Natural Light
  • Air Conditioning

zoning

Zoning Code B-1 (Convenience Comparison Business)
B-1 (Convenience Comparison Business)
  • Listing ID: 32614715

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 9720 Capital Ct, Manassas, VA 20110

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