Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4080 Jermantown Rd Fairfax, VA 22030

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Leasehold interest in Lowe's with 8.8 years remaining.

    Property size:
    102,028 SF
    Lot size:
    7.46 Acres

    Property Features for 4080 Jermantown Rd

    General Information

    Standard status
    Active
    Size
    102,028 SF
    Lot size
    7.46 Acres

    Building Details

    Year built
    197811

    We can help!

    Listing Contact
    Alex Sharrin
    Source: Crexi

    Listing Agency: JLL Chicago | Americas Headquarters Listing Agent: Alex Sharrin

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

    Learn more

    Overview

    Lowe's NNN Leasehold Investment

    The property is a Lowe’s Home Improvement location in Fairfax, Virginia, within the Washington D.C. metropolitan area. It is fully occupied by Lowe’s under an absolute NNN lease with 8.8 years remaining in the primary term. The property anchors the Fairfax Court shopping center, which has 2.6 million annual visits. The location benefits from strong real estate fundamentals within a dense corridor. Nearby retailers include a Walmart Supercenter with 2.2 million annual visits and a Costco with 6 million annual visits. Six of Virginia’s top 10 busiest shopping centers are within a 10-mile radius. The surrounding area has experienced a 27% population growth since 2010, with average annual household incomes exceeding $200,000. Over 1,000 apartment units are planned within a half mile of the site. Fairfax Boulevard, with 58,000 vehicles per day, and the Vienna/Fairfax Metrorail Station provide connectivity to downtown D.C. George Mason University, with over 40,000 students, is less than two miles away. Fairfax County is home to 11 Fortune 500 companies. The property size is 102,028 square feet.
    Location Intelligence

    Current Use by Public Records

    Lowe's Garden Center Garden Center KeyExpress Locksmiths Locksmith Lowe's Home Improvement Building Supply Minute Key Locksmith Lowe's ProServices Building Supply

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.334151
    Latitude
    38.8525958

    Nearby Similar for Sale

    • $369,999
      1,363 SF

      Fairfax Office Suite For Sale

      Strategically located 1,363 SF professional office suite in Fairfax, VA.
      3935 University Dr, Fairfax, VA 22030
      View Details
    • $485,000

      FAIRFAX Office Condo For Sale

      Three-level office condo near Downtown Fairfax City.
      4000 Williamsburg Ct, Fairfax, VA 22032
      View Details
    • $480,000

      Professional Office Suite in Fairfax

      2,000 sq ft office suite near Routes 50 and 29.
      11094 Main St, Fairfax, VA 22030
      View Details
    • New
      $297,000
      1,200 SF

      Move-in Ready Fairfax Office Condo

      1200 SF office condo with individual suites and furnishings.
      10509 Braddock Road, Fairfax, VA 22032
      View Details
    • $1,500,000
      5,170 SF

      Old Town Fairfax Colonial Office

      Two-story office building in Old Town Fairfax with versatile layout.
      4235 Chain Bridge Rd, Fairfax, VA 22030
      View Details
    • $255,000
      6,500 SF

      Fairfax City Restaurant Opportunity

      Thai restaurant in Fairfax City available for sale.
      11180 Fairfax Blvd, Fairfax, VA 22030
      View Details
    • $295,500
      1,118 SF

      Fairfax Office Condo For Sale

      Versatile 1,118 SF office condo in prime Fairfax location.
      10875 Main St, Fairfax, VA 22030
      View Details
    • $215,000

      Bright Corner Office Suite

      Top floor office near Fairfax courthouse with ample parking.
      10617 Jones St, Fairfax, VA 22030
      View Details
    • $799,999

      Fairfax City Executive Office Suite

      Custom-build executive office suite in a prestigious Fairfax City building.
      10521 Judicial Dr, Fairfax, VA 22030
      View Details
    • New
      $795,000
      0.50 Acres

      Land in Fairfax, Virginia

      Land for sale in Fairfax, Virginia, ideal for renovation.
      3923 Fairfax Farms Rd, Fairfax, VA 22033
      View Details
    • $418,275

      Office Unit with Natural Light

      Efficient office unit with ample natural light and flexible lease.
      3863 Plaza Dr, Fairfax, VA 22030
      View Details
    • $423,995
      Pending

      Adjoining Office Townhomes in Fairfax

      Two connected office townhomes in Democracy Square Business Center.
      10343 Democracy Ln, Fairfax, VA 22030
      View Details

    FAQs

    What type of property is this?
    Retail space - Leasehold interest in Lowe's with 8.8 years remaining.
    Where is this retail space located?
    The property is located at 4080 Jermantown Rd Fairfax, VA.
    What are key features of this property?
    This property features: - Absolute NNN lease with Lowe's (investment grade tenancy) and 8.8 years of primary term remaining.; - Located in a dense, high-traffic retail corridor (Fairfax Court shopping center: 2.6M annual visits) 14 miles west of Washington D.C.; - Strong demographics: average annual household incomes exceeding $200,000.
    Request Owner's contact information
    4080 Jermantown Rd Fairfax, VA 22030
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4080 Jermantown Rd
    Fairfax, VA 22030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4080 Jermantown Rd Fairfax, VA 22030
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alex Sharrin
    Real Estate License ID: 475170243
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!