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    3903-3907 Fair Ridge Dr Fairfax, VA 22033

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    For Lease
    Contact for pricing

    140,031 SF Class A Office, Retail Available

    Lot size:
    140,031 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Pender Village Center, located at 3903-3907 Fair Ridge Drive in Fairfax, Virginia (zip code 22033), presents a unique investment opportunity. This 140,031 square foot Class A mixed-use property, built in 2009, is situated in the heart of the Fair Oaks area on Route 50 within Fairfax County. The entire building, encompassing a single suite, is currently vacant and available for lease. The property's diverse offerings include executive office space on the second floor, complemented by a thriving ground floor retail component. This retail space features a significant anchor tenant, a 50,000 square foot Harris Teeter grocery store, along with a Corner Bakery and an additional 45,000 square feet of supporting retail businesses. The property's prime location in Fairfax County, Virginia, offers excellent visibility and accessibility, making it an ideal location for a variety of businesses. The building's classification as Class A signifies its high-quality construction and modern amenities. This presents a rare chance to acquire a substantial, fully vacant, mixed-use property in a highly desirable location. The property's size and configuration offer significant potential for redevelopment or lease to a single large tenant or multiple smaller tenants. This is an exceptional opportunity for investors seeking a prominent presence in a thriving Fairfax County commercial center.

    Property Features for 3903-3907 Fair Ridge Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    140,031 SF
    Class
    A

    Building Details

    Year Built
    2009

    Unit(s) available at that property

    Space
    Available Space
    Size
    140,031 SF

    HighLights

    • 140,031 SF Class A mixed‑use property in Fairfax, VA (22033).
    • Located at 3903‑3907 Fair Ridge Drive, Fairfax, VA, on Route 50.
    • Currently fully vacant, offering 140,031 SF for lease.
    • Mixed‑use with executive office space and ground floor retail including a 50,000 SF Harris Teeter, Corner Bakery, and additional retail.
    • Prime location in Fair Oaks area of Fairfax County offering excellent visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.372907
    Latitude
    38.873234

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    FAQs

    What type of property is this?
    Office Property / Space - 140,031 SF Class A Office, Retail Available
    Where is this office property / space located?
    The property is located at 3903-3907 Fair Ridge Dr Fairfax, VA.
    What are key features of this property?
    This property features: 140,031 SF Class A mixed-use property in Fairfax, VA (22033).; Located at 3903-3907 Fair Ridge Drive, Fairfax, VA, on Route 50.; Currently fully vacant, offering 140,031 SF for lease.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    3903-3907 Fair Ridge Dr Fairfax, VA 22033
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