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Shopping Strip

14,669 SF Fairfax Co. Retail Center

8900 Village Shops Dr, Fairfax Station, VA 22039

Listing Price: $8,062,252

Cap Rate
6.75%
Gross SF
14,669
Rentable SF
14,669
Price/Gross SF
$549.61
Lot Size
1.24 acres
Year Built
1993

Investment Overview

Constructed in 1993, and substantially renovated in 2018 and 2021, this is an opportunity to acquire a 14,669-square-foot neighborhood center with a diversified lineup of restaurant and service-oriented retailers that serve Crosspointe and the surrounding upscale communities. Presently 93% occupied, the Offering’s largest tenant by revenue is Truist, which has operated at this location for 20 years and occupies a highly desirable endcap with dual drive-thru.

Investment Highlights

  • Early Truist Extension
  • $196,459 Average Household Income Within 1-Mile
  • $1.1M Median On-Market Home Value

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

  • Josh Ein

    First Vice President Investments

    (202) 536-3726

    Email Josh

    License(s): DC: SP98371724, MD: 643676, VA: 0225242141

    Washington, D.C.

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Shopping Strip

14,669 SF Fairfax Co. Retail Center

Listing Price: $8,062,252

Cap Rate
6.75%
Gross SF
14,669
Rentable SF
14,669
Price/Gross SF
$549.61
Lot Size
1.24 acres
Year Built
1993

Investment Highlights

  • Early Truist Extension
  • $196,459 Average Household Income Within 1-Mile
  • $1.1M Median On-Market Home Value

Investment Overview

Constructed in 1993, and substantially renovated in 2018 and 2021, this is an opportunity to acquire a 14,669-square-foot neighborhood center with a diversified lineup of restaurant and service-oriented retailers that serve Crosspointe and the surrounding upscale communities. Presently 93% occupied, the Offering’s largest tenant by revenue is Truist, which has operated at this location for 20 years and occupies a highly desirable endcap with dual drive-thru.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

  • Josh Ein

    First Vice President Investments

    (202) 536-3726

    Email Josh

    License(s): DC: SP98371724, MD: 643676, VA: 0225242141

    Washington, D.C.

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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