August 18, 2023
Office Building Plans for Redevelopment
Fairfax, VA – August 18, 2023 – A 79,946-square-foot office building located at 3702 Pender Drive in Fairfax, Virginia has been sold for $7 million. The buyer, 3702 Pender Drive, LLC, plans to redevelop the property into a mixed-use residential project.
The building enjoys prominent frontage and signage along I-66 in Fairfax, situated between the Route 123 and Route 50 exits. At the time of sale, the property was approximately 50% occupied.
James Legat and Audrey Wallace of Legat Commercial Real Estate, LLC acted as exclusive brokers in facilitating the transaction, which concluded on August 18th, 2023.
Office building plans for redevelopment with its strategic location and significant potential, the acquisition of 3702 Pender Drive marks an exciting new chapter for this landmark property in Fairfax.
« Previous Next »