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4084 University Dr 33,220 SF 82% Leased Office Building Fairfax, VA 22030 $6,500,000 ($195.67/SF) 6.18% Cap Rate



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.
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
$6,500,000
Price Per SF
$195.67
Cap Rate
6.18%
NOI
$401,615
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
Available space is a good mix of open plan and executive offices
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 |
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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)
PROPERTY TAXES
| Parcel Number | 57-4-02-00-044-A | Improvements Assessment | $2,338,100 |
| Land Assessment | $2,467,500 | Total Assessment | $4,805,600 |
PROPERTY TAXES
Parcel Number
57-4-02-00-044-A
Land Assessment
$2,467,500
Improvements Assessment
$2,338,100
Total Assessment
$4,805,600
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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4084 University Dr
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