11220 Assett LoopManassas, VA 20109

Property Details for 11220 Assett Loop

Year built

2006

Lot size

3.55 AC

Property size (Sq ft)

44,088 SF

Zone code

PLANNED BUS DIST

Property type

Office properties

Property subtype

Office buildings

APN

7595-97-1965

APU

7595971965

Description

This exceptional Class A office building, constructed in 2006, offers three available suites totaling 11,199 square feet in the vibrant Innovation Park near Manassas Airport and the FBI Regional Headquarters. The building boasts a convenient location with easy access to Prince William Parkway and I-66, and is within walking distance of 2 Silos Brewery, a new hotel, and a speakeasy currently under construction. Suites range from 2,198 to 6,106 square feet and feature various configurations to accommodate diverse business needs. Suite 203 (2,198 sq ft) includes seven private offices and a copy/file room; Suite 204 (2,895 sq ft) offers three private offices, a 55-person training room, reception area, and breakroom; and Suite 301 (6,106 sq ft) features a SCIF room, two large offices, four small offices, a large open area, and a kitchen. All suites are available for immediate occupancy and offer a full-service lease rate of $23.50 per square foot, inclusive of cleaning and utilities. The building provides ample parking, Comcast fiber optic internet access, and excellent natural light. Medical use is considered for all suites. The property is zoned PBD and is part of a technology and office park home to George Mason University, ATCC, Micron, and other prominent organizations. This presents a unique opportunity to establish a presence in a thriving and strategically located business community.

• CAP approach

  CAP return

  Valuation

  6%

  $9,771,979

  6.5%

  $9,020,288

  7%

  $8,375,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,240,824

  Geo Method

  $4,240,824

• Alternative Use

  Use

  Valuation

  Residential

  $11,185,158

  Hospitality

  $10,245,544

  Educational

  $8,524,173

  Medical

  $8,817,332

  Retail

  $13,259,824

Location Insight

City

Manassas

County

Prince William

State

Virginia

Latitude

38.75

Longitude

-77.5313

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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