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Property profile & analytics
FOR LEASE
Warehouses

7701 Southern Dr Springfield, VA 22150

254,416 SF 10.72 ac lot Built 1980
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US87-0421082
Property summary
AI-generated overview

This Fairfax County, Virginia industrial property, located at 7701 Southern Drive, Springfield, VA 22150, offers a diverse range of spaces ideal for manufacturing, flex, warehouse, distribution, or R&D operations. The 251,178 square foot building sits on 10.72 acres and features a Class B rating. Built in 1980, the property boasts 24-foot ceilings, providing ample vertical space for storage and operations. Units range from a minimum of 250 square feet to a maximum contiguous space of 10,000 square feet, catering to businesses of various sizes. The property includes 150 parking spaces and offers convenient access to loading docks and drive-in doors. Amenities include 24/7 access, shared conference rooms and kitchen facilities, and complimentary use of forklifts and pallet jacks. A comprehensive security system with CCTV monitoring ensures the safety and security of tenants. Flexible lease terms are available, allowing for growth or downsizing as business needs evolve. The property's strategic location provides easy access to major transportation arteries, including the I-395, I-495, and I-95 intersection, and is within 10 minutes of the Franconia-Springfield Metro station, making it an excellent choice for businesses serving Northern Virginia and Washington, D.C. The property's APN is 0792-01-0018. Power options include 120V, 240V, and 208V (varies by unit), and free Wi-Fi is provided.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1980
Construction STEEL FRAME
Total area 254,416 SF
Lot 10.72 ac (466,876 SF)
Zoning code I-5(INDUSTRIAL GENERAL)
APN 079-2-01-0018
UPID US87-0421082
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cleaning Home Supply Big Box & Wholesale Store
  • EXPI LLC Distribution Center Logistics Company
  • SwiftPod Virginia Printing Service (Bike/Boat/Book/etc) Store
  • District Hookah, LLC Bar & Pub (Bike/Boat/Book/etc) Store
  • CasaOne Furniture Rental Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$39.62M
Owner & transaction history
Atlantic Oliver II 7701 Southern Dr · 4 yrs held
Atlantic Oliver II 7701 Southern Dr
since 2021
Last sale
$45.2M
7 recorded transactions
2022
Price N/A
2021
$45.2M
2016
$29.5M
2013
Price N/A
2012
Price N/A
2006
$28.5M
2005
$22.3M
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Springfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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