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3975 Fair Ridge Dr
Fairfax, VA 22033 Chantilly

$27,500,000 USD

Office For Sale • 203,440 SF

Property Details

Property Type Office
Total Building Size 203,440 SF
Lot Size 8.53 AC
Building Class A
Year Built 1990
Tenancy Multiple
Zoning PDC

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                3975 Fair Ridge Drive is a 203,440-square-foot, five-story Class A office asset with recently renovated amenities and an expansive parking garage. 
                            
                                Supported by proven growth, total income rose by 14.6% from 2023 to 2025, while net operating income (NOI) increased by 30.7% over the same period. 
                            
                                79.5% leased with a durable NOI of $3,312,533, providing in-place cash flow while preserving meaningful upside via the lease-up of 41,791 square feet.
                            
                                Clear avenue to increase revenue with the remaining vacant space configured across nine suites, aligned with current demand for smaller footprints. 
                            
                                Premier Fair Oaks location boasting quick access to I-66 and the Fairfax County Parkway, adjacent to Fair Oaks Mall, and convenient to Dulles Airport.
                            
                                Occupied by 23 traditional office tenants plus 33 companies with on-site flexible office suites, a diversification that reduces concentration risk.