Avison Young has been retained as the exclusive sales agent to present the opportunity to acquire the fee simple interest in the Fairfax Building, a 45,279 square foot, six-story office building at 10555 Main Street in Fairfax, Virginia. The Property is 79% leased and anchored by Freedom Bank of Virginia and the Commonwealth of Virginia, which together represent 43% of rentable building area on long-term, creditworthy paper. Positioned one block from the Fairfax County Courthouse, Virginia’s largest trial court, the Fairfax Building offers investors the rare opportunity to acquire a credit-anchored asset in the civic and legal heart of Fairfax City, where the residential pipeline of 3,342 units delivers zero new competitive
office supply.
The Property’s tenant base reflects years of organic concentration built around courthouse proximity, anchored by a legal and professional services roster including Thomas, Thomas & Hafer, the Family Law and Mediation Center, and Foster Consulting. With a daytime population of 43,727, 65% above Fairfax City’s resident base, and a workforce that is 73% white collar and 64% bachelor’s degree or higher, the demand foundation supporting the Fairfax Building is structural.
79% leased office property with stable in-place cash flow and meaningful leasing upside across three remaining vacant suites
One block from the Fairfax County Courthouse, the largest trial court in Virginia, anchoring a permanent legal and government tenant base
Credit-anchored rent roll of Freedom Bank of Virginia and the Commonwealth of Virginia, representing 43% of RBA on long-term, creditworthy paper
Zero competitive office supply across the City of Fairfax’s 3,342-unit residential development pipeline, structurally constraining future inventory
Large block owner-user opportunity on Suite 600, 5,106 sf positioned one block from the courthouse with minimal capital required
125 structured parking spaces (2.76/1,000 sf), with a concrete deck replaced in 2022, situated in the heart of Fairfax City’s civic and legal district