3975 Fair Ridge Drive Fairfax, VA $ 27,500,000
3975 Fair Ridge Drive
$ 27,500,000
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3975 Fair Ridge Drive

Fairfax, VA, 22033
$ 27,500,000
Bedrooms-- Baths-- Sq 203,440

Monthly Estimate*

$ 169,322

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Commercial Property for sale in Fairfax, VA

for $27,500,000. This 203,440 square foot building was built in 1990 on a lot size of 8.53.

RealMarkets, a CENTURY 21 Commercial New Millennium team, is pleased to present the exclusive opportunity to acquire Fifty West Corporate Center (the Property), a 203,440-square-foot, five-story Class A office building positioned on an 8.53-acre site at 3975 Fair Ridge Drive in Fairfax, Virginia. Originally developed in 1990 and recently renovated, the Property offers institutional-quality construction, efficient 40,688-square-foot floor plates, and a deep, amenity-rich environment that todays office users increasingly require to attract and retain talent. Offered at $27,500,000 approximately $135 per rentable square foot the Property delivers an attractive 12.05% going-in cap rate on underwritten net operating income of approximately $3,312,533. At 79.5% leased across a well-diversified rent roll, the asset combines strong in-place cash flow with a clearly defined value-add path: the lease-up of 41,791 square feet of available space, configured across nine demisable suites well suited to todays faster-absorbing, smaller-footprint tenant demand. Strategically located with quick access to Interstate 66 and the Fairfax County Parkway adjacent to Fair Oaks Mall and convenient to Washington Dulles International Airport the Property sits within one of the Washington, D.C. metros most established suburban office nodes, benefiting from a 560-space covered-and-surface parking package and an affluent, highly educated surrounding demographic base. Investment Highlights Attractive 12.05% Going-In Cap Rate: Underwritten NOI of approximately $3,312,533 on a $27,500,000 asking price ( $135 / RSF) delivers a double-digit going-in yield that is rare for well-located Class A product in Northern Virginia. Strong In-Place Cash Flow with Lease-Up Upside: At 79.5% leased, the Property generates durable current income today while preserving meaningful upside through the lease-up of 41,791 square feet of available space. Proven Income & NOI Growth: Total income grew 14.6% from 2023 to 2025, while net operating income increased 30.7% over the same period clear evidence of the assets operating momentum and the value created through active management. Well-Diversified Tenant Base: Income is spread across 23 traditional office tenants plus 33 companies within the on-site flexible-office suites broad diversification that reduces tenant concentration risk and enhances long-term stability. Demisable Space Positioned for Faster Absorption: The available space is configured across nine separate suites, many of which can be demised into smaller blocks well aligned with current demand, where smaller footprints are leasing materially faster than large contiguous blocks. Recently Renovated Class A Asset: A 203,440-SF, five-story building of durable 1990 construction, recently renovated with state-of-the-art amenities, offering the floor-plate efficiency and quality that drive tenant demand. Desirable Parking Package: 560 total spaces including a 400-space covered garage plus 160 surface spaces at 3.60 / 1,000 SF a decisive advantage for auto-commuting suburban tenants. Premier Fair Oaks Location: Quick access to I-66 and the Fairfax County Parkway, adjacent to Fair Oaks Mall (160+ stores and restaurants) and convenient to Washington Dulles International Airport. Durable Northern Virginia Fundamentals: Anchored by federal government, defense, technology, and the worlds largest concentration of data-center activity, the regional economy provides a deep and diversified base of office-using employment.

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Commercial Active

Price

$ 27,500,000

Property Type

Commercial

Taxes

$ 335,207

Style

Professional

Lot Size

8.53

Year Built

1990

Town/City

Fairfax

County/Region

Fairfax

MLS | Web ID

VAFX2318764

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning PDC
Construction Materials Other
Year Built 1990
Property Subtype Office
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Professional
Accessibility Elevator
County FAIRFAX
Net Operating Income 3312533.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Turn onto Fair Ridge Dr off of Route 50
City FAIRFAX
Lot Size Units Square Feet
Lot Size Square Feet 371730.00
Tax Annual Amount 335207.0
Price Per Sq Ft Total AG 128.89
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision FIFTY WEST CORP CENTER
Tax Lot 2
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Exterior
Water Source Public
Type of Parking Parking Lot Private Garage
Water View Y/N N
Building Area Total 213364.00
Lot Size Acres 8.53
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 3840550.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3975
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* Excluded Features
List By
Century 21 Commercial New Millennium

Broker

ryan@realmarkets.com

Email

Affordability Calculator

$197,256
Per Month
86%
14%
0%
Monthly Principal & Interest
$169,322
Monthly Property Taxes
$27,934
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$27,500,000 Listed Price

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3975 Fair Ridge Drive, Fairfax, VA, 22033 is a Commercial Property for sale at $27,500,000 with 203,440 sqft and a lot size of 8.53. 3975 Fair Ridge Drive was built in 1990. The property's zip code is 22033 which is in Fairfax, VA