10426 Main St - Freestanding FOR SALE


Fairfax, VA 22030
$7,550,000 USD
703-261-4809
10426 Main St, Fairfax, VA for Sale
$7,550,000 USD
Freestanding - FOR SALE
1/8
null | 6.25% Cap Rate

10426 Main St
Fairfax, VA 22030


HIGHLIGHTS

  • 22,000 SF free-standing building: Spacious and versatile commercial space.
  • 3 units with NNN leases: Stable and predictable income streams.
  • Fully Renovated in 2021: Including New Roof and HVAC systems
  • Commercial Retail zoning: Ideal for retail and free-standing building investors.
  • 100% occupancy: Fully utilized and generating consistent revenue.
  • $471,618 NOI: Demonstrates strong financial performance and potential for ROI.

OVERVIEW

An exceptional investment opportunity awaits at 10426 Main Street, Fairfax, VA, in the heart of the Downtown Fairfax City business district. This 22,000 SF free-standing building, fully renovated in 2021 including a new roof and HVAC units, showcases three units, each occupied under NNN leases, culminating in a remarkable 100% occupancy rate. With a NOI of $471,618, this property presents a lucrative return on investment. Strategically located in the Washington DC Metro area and zoned for commercial retail, it offers an ideal environment for retail and free-standing building investors seeking a stable and high-performing asset.

FOR SALE DETAILS

PRICE

$7,550,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Retail - Multi Tenant Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-2

APN/PARCEL ID

57-4-02-101

ASK ABOUT THIS PROPERTY

Joe SerafinSerafin Real EstateMore Info
703-261-4809

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Joe SerafinSerafin Real EstateMore Info
703-261-4809

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.