STELLAR LOCATION
Commercial Drive is strategically located at the junction of I-395, I-95 and I-495
Springfield Interchange—“The Mixing Bowl”—within Shirley Industrial Park.
SUPPLY DEMAND IMBALANCE
Due to high demand for industrial product and limited availability on the market, the
site is ideal for “last mile” users.
HIGH BARRIERS TO ENTRY
The area faces tremendous scarcity of industrial-zoned land, with construction costs
on the rise and challenging economic conditions characterized by higher interest
and capitalization rates. The site is zoned I-5/I-6 (Fairfax County) providing a wide
variety of permitted uses.
DWINDLING SUPPLY IN I-95 CORRIDOR
The industrial inventory has contracted by over 1.4 million square feet (8.1%) in the
past 15 years, with limited industrial sites in the pipeline.
STRONG LEASING FUNDAMENTALS
The I-95 Corridor has a 5.3% vacancy rate and experienced 10% rent growth over
the past year with moderate to strong rent growth forecasted.
