Fairfax Boulevard Crossing - Fairfax, VA 9940 Fairfax Blvd 6,557 SF 100% Leased Retail Building Fairfax, VA 22030 $8,251,283 CAD ($1,258.39 CAD/SF) 5.75% Cap Rate

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a 6,557-square-foot, three-tenant investment property located in Fairfax, VA. Known as Fairfax Boulevard Crossing, this strip center features long-term leases with Moby Dick (2,070 SF) and Raizun Nailspa (2,227 SF), both extending through 2031, following Moby Dick’s recent exercise of its first 5-year renewal option. Both tenants currently have one remaining
5-year option to renew at fixed rental rates. Club Champion (2,260 SF) also has a current term remaining through December 2028. and has one 10-year option to renew at a fixed rate. Each lease is triple net and tenants reimburse either management fees or administrative fees in lieu of such, minimizing expense leakage at the property.
Fairfax Boulevard Crossing is strategically positioned on Fairfax Boulevard, a major retail corridor that sees over 31,000 vehicles per day. The property also benefits from proximity to Interstate 66 (157,000 VPD) and State Highway 236 (40,000 VPD), offering direct connectivity to Arlington and Alexandria in the heart of the Washington, D.C. Metro Area. The center is near several major shopping destinations including Point50 (63K+ SF), Pan Am Shopping Center (219K+ SF), and Fair City Mall (505K+ SF). Notable surrounding retailers include Safeway, Amazon Fresh, The Home Depot, Chick-fil-A, Ashley Furniture, and Giant. The property is supported by a strong residential base, with over 302,000 residents in the five-mile trade area and several multifamily communities nearby, such as Fairfax Village (179 units), N29 (260 units), and Oakton Park (418 units). The area also boasts an affluent demographic, with an average household income of $214,504 and a working population of 212,634 within five miles.