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13502 Wellington Center Cir Gainesville, VA 20155

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Three-building light-industrial complex in Gainesville, Virginia.

Property size:
133,064 SF
Lot size:
11.12 Acres

Property Features for 13502 Wellington Center Cir

General Information

Size
133,064 SF
Lot size
11.12 Acres

Source: JLL | Washington DC Agent Bill Prutting

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Gainesville Light-Industrial Complex

Wellington Center is a three-building light-industrial complex totaling 133,064 square feet, situated in Gainesville, Virginia. The property is 94% leased to 13 tenants across six industries, offering stable cash flow with growth potential. The weighted average lease term is 3.75 years, and in-place rents are approximately 13% below market. 76% of the space expires within five years. Market fundamentals in Dulles-Manassas are exceptionally strong with 41% rent growth since 2021 and a tight 3.1% vacancy rate. The property stands to benefit as over 7 million square feet of industrial space is expected to be displaced by data center development over the next three years. The property's strategic location, transportation connectivity, and flexible and functional configurations position it to capitalize on the displacement trend that has driven 8% annual rent growth over the past 5 years. As data centers continue consuming industrial supply, Wellington Center represents a premier investment opportunity in Northern Virginia's tightening market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Gainesville
County
Prince William
State
Virginia
Longitude
-77.5973062
Latitude
38.7929433

FAQs

What type of property is this?
Flex space - Three-building light-industrial complex in Gainesville, Virginia.
Where is this flex space located?
The property is located at 13502 Wellington Center Cir Gainesville, VA.
What are key features of this property?
This property features: - Located in the supply-constrained Dulles-Manassas submarket with strong market fundamentals including 41% rent growth since 2021 and a low 3.1% vacancy rate.; - Significant value-add potential with in-place rents approximately 13% below market, offering a quick path to mark-to-market as 76% of the space expires within five years.; - Stable cash flow provided by a 94% leased property with a diverse tenant roster across 13 tenants and six industries.
More about this property
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