4100 N Fairfax Dr 271,407 SF 49% Leased 4-Star Office Building Arlington, VA 22203 For Sale

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for Owner, is pleased to present this opportunity to purchase 4100 N Fairfax Dr (“4100 N Fairfax” or “the Property”), a 271,407 BRSF office building situated prominently on Fairfax Drive in the amenity-rich Ballston core, just a 3-minute walk to the Ballston-MU Metro Stop (Orange & Silver Lines). The Property is 32% leased to 9 tenants with 1.7 years of WALT, offering investors a substantial value-add investment opportunity with significant long-term optionality in a premier Northern Virginia submarket.
Ballston’s combination of elite demographics, incredible transit access and walkability and premier employers has cemented it as an ideal submarket to live and work. The submarket boasts approximately $1.4 billion in placemaking developments, including Ballston Quarter and Ballston Exchange, located just two blocks from the Property. These two diverse and contemporary retail and entertainment hubs, coupled with a robust residential market boasting over 14% rent growth since 2020 and projected rent growth that outpaces the national average, guarantee 4100 N Fairfax’s long-term success in the heart of one of Washington, DC’s premier, 24/7 neighborhoods.
Ballston’s office fundamentals remain resilient, anchored by the headquarters for two prominent federal government tenants: the Defense Advanced Research Projects Agency (“DARPA”) and the Office of Naval Research (“ONR”). These longstanding occupants of Ballston are significant demand drivers for government contractor tenancy. Ballston, like markets such as Austin, TX, and Cambridge, MA, has long been at the cutting edge of developing the most advanced defense technologies and is a renowned global S.T.E.M. hub. The current administration’s focus on continued defense innovation is driving real-time leasing, with over 39% of all leasing activity in Northern Virginia in 2025 going to Technology or Aerospace & Defense tenants.
Capitalizing on continued defense and cybersecurity contract growth, in addition to a robust multifamily market, 4100 N Fairfax represents a compelling value-add play at a significant discount to replacement cost. The short-duration WALT, limited tenancy, and premier submarket demographics guarantee investors upside optionality to pursue alternative business plans in a dynamic market.