38,000 SF Office Building For Sale Near Manassas Airport9700 Capital Court Manassas, VA 20109
The TML Building is a multi-tenant a 3-story office building constructed in 2004 containing approximately 38,000 square feet of building area and 2 loading docks.
This stabilized asset is currently 95% leased with a proven history of high occupancy and high rental rates. The asset is a best-in-class building for the Manassas, Virginia market. Diverse tenant mix provides an investor the security of not being reliant on one business sector. Tenant’s include CGI Federal Systems, a $11.5 Billion a year company, Optimo IT, an Information Technology company and Apex Engineering.
The property is located at 9700 Capital Court in Manassas, Virginia at the intersection the Route 234 Bypass/PW Parkway and Route 28. Major in the market area include: Route 234 Bypass/PW Parkway, Route 28, Godwin Drive, Wellington Road, Linton Hall Road, University Avenue and I-66. The subject’s location is within walking distance of the Manassas Regional Airport, ten miles south of Washington Dulles Airport and 20 miles west of Reagan National Airport.
The TML Building is situated on a 3.12 acre site. It contains an above-average parking ratio of 4.0 per 1,000 (150 surface parking spaces).
Cap Rate: 7.23%
For Sale: $5,750,000
Map Link9700 Capital Court
Manassas, VA 20109