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4084 University Dr 33,220 SF 82% Leased Office Building Fairfax, VA 22030 $9,073,480 CAD ($273.13 CAD/SF) 6.18% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Building is a quick walk to Fairfax Judicial Center and City Hall
  • Located near George Mason University
  • High Visibility Building Signage Opportunity
  • Short walk to restaurants, banking and other amenities
  • Reserved Parking and Covered Parking
  • Exciting redevelopment potential

EXECUTIVE SUMMARY

Legat Commercial Real Estate, LLC, as the exclusive representative for the owner, is pleased to present the opportunity to acquire a professional office at 4084 University Drive, Fairfax City, Virginia. The property totals 1.03 acres with 25,855 SF potentially available for occupancy within the next two years and up to 31,043 SF within the next three years—an attractive opportunity for an owner/user with stepped expansion potential as existing leases roll.
The property is currently leased to professional service companies, including a law firm, an engineering practice, and a physical therapy provider. All tenants are on full-service leases providing reliable income with existing professional management in place. This tenant profile creates stable cash flow today while allowing future flexibility for owner occupancy, redevelopment, or assemblage with adjacent properties.
Strategically located in the heart of Fairfax City, the property offers strong regional connectivity via Route 50, Route 29, I-66, I-495, and Route 236. It is within walking distance of the Fairfax Judicial Center, restaurants, banks, and retail services. With its central location and strong surrounding demographics, the property appeals to both investors seeking strong redevelopment potential and owner/users seeking a long-term headquarters location.
This offering represents a rare chance to acquire a well-located, professionally managed fee simple office building with both in-place income and owner-user potential—positioned in one of Fairfax City’s most dynamic commercial corridors. It also presents a potential covered land play, generating interim income while entitlement and redevelopment efforts progress.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
33,220 SF
Building Class
B
Year Built/Renovated
1973/2005
Price
$9,073,480 CAD
Price Per SF
$273.13 CAD
Cap Rate
6.18%
NOI
$560,622 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
16,610 SF
Building FAR
0.74
Lot Size
1.03 AC
Zoning
C-3 - Office and medical zoning.

AMENITIES

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Partitioned Offices
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 102
  • 1,500-5,993 SF
  • Office
  • Full Build-Out
  • Now

Available space is a good mix of open plan and executive offices

  • 2nd Floor
  • 6,253 SF
  • Office
  • Full Build-Out
  • Apr 2026

Former law firm. Available space is a good mix of open plan and executive offices.

Space Size Space Use Condition Available
1st Fl-Ste 102 1,500-5,993 SF Office Full Build-Out Now
2nd Floor 6,253 SF Office Full Build-Out Apr 2026

1st Fl-Ste 102

Size
1,500-5,993 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
6,253 SF
Space Use
Office
Condition
Full Build-Out
Available
Apr 2026

1st Fl-Ste 102

Size 1,500-5,993 SF
Space Use Office
Condition Full Build-Out
Available Now

Available space is a good mix of open plan and executive offices

2nd Floor

Size 6,253 SF
Space Use Office
Condition Full Build-Out
Available Apr 2026

Former law firm. Available space is a good mix of open plan and executive offices.

Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
57-4-02-00-044-A
Land Assessment
$3,479,446 CAD
Improvements Assessment
$3,296,978 CAD
Total Assessment
$6,776,425 CAD
  • Listing ID: 37634830

  • Date on Market: 2025-09-11

  • Last Updated:

  • Address: 4084 University Dr, Fairfax, VA 22030

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