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12011 US-50Fairfax, VA 22033
Fair Oaks Professional Center
Asset ClassHealthcare Facility
Multi-tenant medical outpatient complex
overview of deal

Overview

Avison Young has been retained as the exclusive sales agent to present the opportunity to acquire the fee simple interest in Fair Oaks Professional Center, an 86,044 square foot, two-building offering at 12011 & 12001 Route 50 in Fairfax, Virginia. The primary building, 12011 Route 50, is a multitenant medical outpatient complex that is 73% healthcare by rentable area, complemented by a two-story Starbucks-anchored retail building at 12001 that activates the Property’s Route 50 frontage. Positioned less than three miles from Inova Fair Oaks Hospital with direct frontage on Route 50 and immediate access to I-66, Fair Oaks Professional Center offers investors the rare opportunity to acquire a deeply healthcare oriented, 91% leased Property in one of Northern Virginia’s most supply-constrained healthcare submarkets, where competing buildings average 94% occupancy and no new

medical outpatient development is planned or under construction.

 

The Property’s tenant base reflects years of organic medical concentration built around hospital proximity and a specialty referral ecosystem spanning dental, oral surgery, fertility, genetics, physical therapy, podiatry, dermatology, and hospice care. With a trade area patient population spending 156% of the national average on healthcare and a median household income of $159,692 within five miles, the demand foundation supporting Fair Oaks Professional Center is structural, not cyclical.

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Investment Highlights

# Buildings
2
Square Feet
86,044
Parking Spaces
309 Spaces
% Leased
91%
  • Sub-three miles to Inova Fair Oaks Hospital
  • 73% healthcare tenancy with embedded conversion upside
  • Supply-constrained submarket; medical competitive set at 94% occupancy
  • Exceptional parking with overflow from adjacent Fair Oaks Mall
  • Investment-grade Starbucks anchor with subdivision optionality
  • Expanding residential base, deepening the patient pool
  • Irreplaceable Route 50 frontage with direct I-66 access
  • Confirmed unmet provider demand across key service lines
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12011 US-50Fairfax, VA 22033

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