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    9940 Fairfax Blvd Fairfax, VA 22030

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    For Sale
    $5,911,000

    Retail property with food and service-based tenants in Fairfax, VA.

    Property size:
    6,557 SF
    Lot size:
    1.12 Acres

    Property Features for 9940 Fairfax Blvd

    General Information

    Size
    6,557 SF
    Lot size
    1.12 Acres
    Source: Moodyscre

    Listing Agent: Andrew Fallon

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

    Overview

    Fairfax Blvd Retail Investment Opportunity

    This retail property features a tenant lineup of Nail Spa, Club Champion, and Moby Dick. All current tenants operate under NNN leases. Nail Spa's rent is scheduled to increase by 2.5% in February 2025, and all tenants have rental increases at the beginning of their option periods. Moby Dick recently exercised their first five-year option to extend their lease. The property is located at 9940 Fairfax Blvd, Fairfax, VA and has a size of 6,557 square feet.
    Location Intelligence

    Current Use by Public Records

    Club Champion Golf Shop Moby Dick House ... Restaurant Raizun Nail Spa Nail Salon

    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.

    Similar Places Nearby

    Boulevard Marketplace, Stryker Square, Sherwood Plaza, Bare Associates International, Fairfax Boulevard Center

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.2875884
    Latitude
    38.8637321

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    FAQs

    What type of property is this?
    Shopping center - Retail property with food and service-based tenants in Fairfax, VA.
    Where is this shopping center located?
    The property is located at 9940 Fairfax Blvd Fairfax, VA.
    What is the asking price?
    The asking price for this property is $5,911,000.
    What are key features of this property?
    This property features: - Strong tenant lineup includes Nail Spa, Club Champion, and Moby Dick.; - All tenants operate under NNN leases, limiting expense leakage.; - Rental increases scheduled for Nail Spa in February 2025.
    (202) 286-1542
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    9940 Fairfax Blvd Fairfax, VA 22030
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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
    9940 Fairfax Blvd Fairfax, VA 22030
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