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8990-9002 Fern Park Dr 19,839 SF 94% Leased Office Building Burke, VA 22015 $699,000 ($35.23/SF) 7% Cap Rate
Executive Summary
3 units across 3 floors. 2 units occupied and generating income, one unit available for owner/user. Once fully occupied building will generate over 7% cap rate
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
19,839 SF
Building Class
B
Year Built
1980
Price
$699,000
Price Per SF
$35.23
Cap Rate
7%
NOI
$48,930
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,919 SF
Slab To Slab
8’
Building FAR
1.98
Lot Size
0.23 AC
Zoning
C-2 - Limited Office District
Parking
65 Spaces (3.28 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Signage
- Kitchen
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Floor
- 1,230 SF
- Office
- Full Build-Out
- Aug 2026
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 1,230 SF | Office | Full Build-Out | Aug 2026 |
2nd Floor
| Size |
| 1,230 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Aug 2026 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,649,920 | |
| Land Assessment | $662,480 | Total Assessment | $3,312,400 |
Property Taxes
Parcel Numbers
Land Assessment
$662,480
Improvements Assessment
$2,649,920
Total Assessment
$3,312,400
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8990-9002 Fern Park Dr
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