11085 Lee Highway
11004 & 11006 Park Road
Fairfax, VA 22030
LEE HIGHWAY DEVELOPMENT
• For Sale: $6.75 Million
• NNN Retail & Potential Future Residential
• Combined Total of 1.46 Acres
Great Value-add opportunity! This sale constituents two parts: a stable income generating retail property and a future residential development land. The retail component contains a stand along 5,250 square feet building, fully leased to BBB rating tenant, NextDay Blinds, who has been in this location for 20 years. The tenant signed a new 5-year extend lease term starting on February 1, 2020. In addition, there is a 1.12 acre vacant land adjacent to the retail property. The vacant land currently zoned commercial zone, however, it offers a potential 13-large luxury townhouse development with conceptual plan approved.
Furthermore, the location is nestled in the center of Fairfax, a suburban expanse of Washington DC metro region. The location is a truly oasis, unique and brimming with vitality that recently has been recognized by Forbes as one of the top places to live in the nation.