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12950 Fair Lakes Shopping Ctr 7,200 SF Retail Building Fairfax, VA 22033 $6,000,000 ($833.33/SF) 6% Cap Rate
Investment Highlights
- Prime Location
- High Traffic and Demographics
- Surrounded by National Retailers
Executive Summary
Currently owner user. Selling Property only and New NNN Lease is preparing for 5~7 years with an Option.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
7,200 SF
Building Class
B
Year Built
1993
Price
$6,000,000
Price Per SF
$833.33
Cap Rate
6%
NOI
$360,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.72 AC
Zoning
403
Parking
60 Spaces (9.48 Spaces per 1,000 SF Leased)
Frontage
100’ on Fair Lakes Shopping Ctr
Amenities
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Sakura Japanese Steak Seafood & Sushi began in 1988 when founder Marc Ha opened a small restaurant in Fredericksburg, Virginia. Starting with just seven hibachi tables, the business grew through word-of-mouth and repeat customers. The company now operates numerous locations nationwide, featuring teppanyaki-style cooking where chefs prepare meals tableside. Diners enjoy steak, seafood, sushi, and traditional Japanese dishes in an entertaining atmosphere. The restaurant continues expanding its presence with multiple Maryland locations while maintaining its original commitment to quality food and interactive dining experiences.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0552-04-0018A | Improvements Assessment | $1,053,450 |
| Land Assessment | $1,946,720 | Total Assessment | $3,000,170 |
Property Taxes
Parcel Number
0552-04-0018A
Land Assessment
$1,946,720
Improvements Assessment
$1,053,450
Total Assessment
$3,000,170
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
12950 Fair Lakes Shopping Ctr