SOLD - $2,399,900 –13,144 square foot, 4-Star flex condo offers prime visibility and access to major transportation notes. The subject property is an end-unit on the corner of Brookfield Corporate Dr and Willard Rd (14,471 vehicles per day) and comes with prominent retail signage on 2 sides of the buildings. The property is less than a half-mile from both Route 28 and Route 50, 4 miles from I-66, and 6 miles from Dulles International Airport. With e-commerce expected to grow by 10% in 2020, the property is ideally positioned as both a distribution center and last-mile facility. Rents in the submarket increased by 4% in the past 12 months and the 2019 RCM-SIOR Industrial Sentiment Report predicts increased capital investment and continued cap rate compression in 2020; leading to further appreciation and providing a solid, long-term outlook. The property has approximately 5,900 SF of showroom/office with modern, high-end finishes, high ceilings, and an extensive window line along with 7,200 SF of warehouse space with 18’ ceilings and 40’ x 32’ column spacing. The unit currently has 2 loading docks (approved for 4 total) with a truck court that is conveniently and easily accessible from Willard Rd. Parking is free and abundant with 26 parking spaces allocated to the unit (2.00/1,000 SF ratio). The property is zoned I-5, which allows the widest range of office and industrial uses under Fairfax County’s commercial regulations. In addition to its strategic location as a distribution center, the property is walking distance to the Dulles Expo Shopping Center which contains a plethora of amenities; including food, gas, banking, hotel, and shopping. Condo fees are $25,005.00 ($1.90/SF). Real estate taxes are $28,904.00 ($2.20/SF). Available For Lease - $13.00/NNN.
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