property summary report - choose manassas · 2020. 3. 9. · property summary report building type:...
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Page 1
3/9/2020
9329 Battle StManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Multiple
Year Built: 1930
RBA: 3,155 SF
Floors: 2
Typical Floor: 1,577 SF
LANDParcel 1177
EXPENSES PER SFTaxes: $1.76 (2019)
LEASINGAvailable Spaces: 50 - 500 SF Available in 1 Space
Availability: 15.8% Available; 0% Vacant
Leasing Company:Crossroads Commercial
Contacts: Terry Caniford (703) 609-1836
AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd Office Direct 50 - 500 500 500 $21.60/FS 30 Days NegotiableCrossroads Realtors - Terry Caniford (703) 609-1836
SALELast Sale: Sold on Sep 5, 2018 for $600,000 ($190.17/SF)
TRANSPORTATIONParking: 5 free Surface Spaces are available; 2 free Covered Spaces are available; Ratio of 2.22/1,000 SF
Commuter Rail: 1 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 42 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (82)
Transit Score ®: Some Transit (28)
KEY TENANTSEarl J. Oberbauer Jr. Attorney at Law 1,577 SF AA Bankruptcy 450 SF
Wittenauer Law Office, P.C. 300 SF
Copyrighted report licensed to City of Manassas - 732655.
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Page 2
3/9/2020
9329 Battle StManassas, VA 20110 - Manassas Submarket
Property Summary Report
PROPERTY CONTACTSTrue Owner: Oberbauer Earl J Jr
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 0.0% 0.0%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $21.60 28.0%
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 3
3/9/2020
9700 Capital Ct - TML BldgManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Multiple
Year Built: 2004
RBA: 38,000 SF
Floors: 3
Typical Floor: 9,844 SF
Core Factor: 13%
Construction: Masonry
LANDLand Area: 3.14 AC
Zoning: I2
Parcel 12780
EXPENSES PER SFTaxes: $1.85 (2016)
LEASINGAvailable Spaces: 1,725 SF Available in 1 Space
Availability: 4.5% Available; 9.1% Vacant
Leasing Company:Wright Realty, Inc.
Contacts: Edward B. Wright, III (703) 368-8136
AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
E 1st Office Direct 1,725 1,725 1,725 $24.00/FS Vacant NegotiableWright Realty, Inc. - Edward B. Wright, III (703) 368-8136
TRANSPORTATIONParking: 117 free Surface Spaces are available; Ratio of 3.07/1,000 SF
Commuter Rail: 6 minute drive to Broad Run/Airport Commuter Rail (Manassas Line)
Airport: 48 minute drive to Washington Dulles International Airport
Walk Score ®: Car-Dependent (20)
Transit Score ®: Minimal Transit (13)
KEY TENANTSOptimo Information Technology 8,146 SF CGI 4,649 SF
PROPERTY CONTACTSTrue Owner: Electronic Systems Recorded Owner: TML, LLC.
Property Manager: Wright Realty, Inc.
Copyrighted report licensed to City of Manassas - 732655.
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Page 4
3/9/2020
9700 Capital Ct - TML BldgManassas, VA 20110 - Manassas Submarket
Property Summary Report
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 9.1% 4.5%
Submarket 2-4 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $24.00 0.0%
Submarket 2-4 Star $23.33 0.9%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 5
3/9/2020
9254 Center StManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Multiple
Year Built: 1982
RBA: 5,000 SF
Floors: 2
Typical Floor: 2,500 SF
Construction: Masonry
LANDLand Area: 0.24 AC
Zoning: B3
EXPENSES PER SFTaxes: $3.14 (2019)
PARCEL
101-01-000-0304, 2379, 3880
LEASINGAvailable Spaces: 1,250 - 5,000 SF Available in 4 Spaces
Availability: 100% Available; 100% Vacant
Leasing Company:Rohrbaugh Builders
Contacts: Terry Rohrbaugh (703) 356-2041
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st A Office Direct 1,250 2,500 5,000 $15.84/+UTIL Vacant 2 - 5 YrsRohrbaugh Builders - Terry Rohrbaugh (703) 356-2041
P 1st B Office Direct 1,250 2,500 5,000 $15.84/+UTIL Vacant 2 - 5 YrsRohrbaugh Builders - Terry Rohrbaugh (703) 356-2041
P 2nd C Office Direct 1,250 2,500 5,000 $15.84/+UTIL Vacant 2 - 5 YrsRohrbaugh Builders - Terry Rohrbaugh (703) 356-2041
P 2nd D Office Direct 1,250 2,500 5,000 $15.84/+UTIL Vacant 2 - 5 YrsRohrbaugh Builders - Terry Rohrbaugh (703) 356-2041
Copyrighted report licensed to City of Manassas - 732655.
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Page 6
3/9/2020
9254 Center StManassas, VA 20110 - Manassas Submarket
Property Summary Report
TRANSPORTATIONParking: 30 free Surface Spaces are available; Ratio of 6.29/1,000 SF
Commuter Rail: 2 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 43 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (80)
Transit Score ®: Some Transit (28)
PROPERTY CONTACTSTrue Owner: Rohrbaugh Builders Recorded Owner: Rohrbaugh Builders
Property Manager: Rohrbaugh Builders
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 100% 0.0%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $17.64 0.0%
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 7
3/9/2020
9303 Center StManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office Co…
Tenancy: Multiple
Year Built: 1988
RBA: 9,000 SF
Floors: 3
Typical Floor: 3,000 SF
LANDZoning: B1, Manassas
Parcel 2077
EXPENSES PER SFTaxes: $1.99 (2016)
LEASINGAvailable Spaces: 3,000 SF Available in 1 Space
Availability: 33.3% Available; 33.3% Vacant
Leasing Company:Wright Realty, Inc.
Contacts: Edward B. Wright, III (703) 368-8136
AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 3,000 3,000 3,000 $15.94/FS Vacant NegotiableWright Realty, Inc. - Edward B. Wright, III (703) 368-8136
SALELast Sale: Sold on Jun 29, 2001 for $299,000 ($88.57/SF) at 9.03% Cap
TRANSPORTATIONParking: 60 free Surface Spaces are available; Ratio of 3.60/1,000 SF
Commuter Rail: 2 minute drive to Manassas Commuter Rail (Manassas Line)
Walk Score ®: Very Walkable (77)
Transit Score ®: Some Transit (28)
KEY TENANTSSoil Consultants Inc. 3,000 SF Nova Neurology Ctr 2,700 SF
Amputee Coalition 1,650 SF
Copyrighted report licensed to City of Manassas - 732655.
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Page 8
3/9/2020
9303 Center StManassas, VA 20110 - Manassas Submarket
Property Summary Report
PROPERTY CONTACTSTrue Owner: Soil Consultants Inc. Recorded Owner: Soil Consultants Inc.
Property Manager: Soil Consultants Inc. Developer: Greenway Investments
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 33.3% 33.3%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $15.94
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 9
3/9/2020
8700 Centreville Rd - 8700 Centreville RoadManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office
Tenancy: Multiple
Year Built: 1989
RBA: 56,862 SF
Floors: 4
Typical Floor: 13,750 SF
Construction: Masonry
LANDLand Area: 3.22 AC
Zoning: B4
Parcel 7390
EXPENSES PER SFTaxes: $0.05 (2018)
AMENITIES
Air Conditioning
LEASINGAvailable Spaces: 2,605 - 4,380 SF Available in 3 Spaces
Availability: 17.6% Available; 17.6% Vacant
Leasing Company:Newmark Knight Frank
Contacts: Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 202 Office Direct 2,605 2,605 2,605 $19.75/FS Vacant NegotiableNewmark Knight Frank - Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
P 2nd Office Direct 3,026 3,026 3,026 $19.75/FS Vacant 3 - 10 YrsNewmark Knight Frank - Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
P 2nd 206 Office Direct 4,380 4,380 4,380 $19.75/FS Vacant 3 - 10 YrsNewmark Knight Frank - Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
SALELast Sale: Sold on Oct 11, 2013 for $10,250,000 ($180.26/SF) at 9.75% Cap
Copyrighted report licensed to City of Manassas - 732655.
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Page 10
3/9/2020
8700 Centreville Rd - 8700 Centreville RoadManassas, VA 20110 - Manassas Submarket
Property Summary Report
TRANSPORTATIONParking: 150 free Surface Spaces are available; Ratio of 3.80/1,000 SF
Commuter Rail: 5 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 39 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (72)
Transit Score ®: Minimal Transit (24)
KEY TENANTSMCPS Education Foundation 18,190 SF R&K Cyber Solutions 4,380 SF
Reed & Associates 2,925 SF Primerica 2,462 SF
Apple Federal Credit Union 1,375 SF
PROPERTY CONTACTSTrue Owner: WTG Properties Inc. Prior True Owner: Synergy One Federal Credit Union
Property Manager: Sequioa Holdings LLC Developer: Piedmont Federal Savings Associates
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 17.6% 13.0%
Submarket 2-4 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $19.75 0.0%
Submarket 2-4 Star $23.33 0.9%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 11
3/9/2020
9309 Centreville RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Year Built: 1920
RBA: 1,600 SF
Floors: 2
Typical Floor: 756 SF
Construction: Wood Frame
LANDLand Area: 0.21 AC
Zoning: B3
Parcel 1066
EXPENSES PER SFTaxes: $3.20 (2019)
Opex: $3.31 (2011-Est)
LEASINGAvailable Spaces: 1,512 SF Available in 1 Space
Availability: 94.5% Available; 94.5% Vacant
Leasing Company:Weber Rector Commercial Real Estate Services
Contacts: Carmela Patrick (703) 330-1224 X1108
AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Ret Direct 1,512 1,512 1,512 $27.78/+UTIL Vacant NegotiableWeber Rector Commercial Real Estate Services - Carmela Patrick (703) 330-1224 X1108
TRANSPORTATIONParking: 5 free Surface Spaces are available; Ratio of 3.31/1,000 SF
Commuter Rail: 2 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 41 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (85)
Transit Score ®: Some Transit (28)
PROPERTY CONTACTSTrue Owner: Pat Reynolds
Copyrighted report licensed to City of Manassas - 732655.
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Page 12
3/9/2020
9309 Centreville RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 94.5% 94.5%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 13
3/9/2020
9100 Church St - Church St. Professional CenterManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office Co…
Tenancy: Multiple
Year Built: 1989
RBA: 4,867 SF
Floors: 2
Typical Floor: 2,433 SF
Construction: Masonry
LANDZoning: B3
Parcel 10419
EXPENSES PER SFTaxes: $1.07 (2019)
LEASINGAvailable Spaces: 880 SF Available in 1 Space
Availability: 18.1% Available; 18.1% Vacant
Leasing Company:Weber Rector Commercial Real Estate Services
Contacts: Miguel Pires (703) 330-1224
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st 100-1st FloorOffice Direct 880 880 880 $17.05/FS Vacant NegotiableWeber Rector Commercial Real Estate Services - Miguel Pires (703) 330-1224
TRANSPORTATIONParking: 40 free Surface Spaces are available; Ratio of 10.00/1,000 SF
Commuter Rail: 1 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 42 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (82)
Transit Score ®: Some Transit (28)
KEY TENANTSBHHS Pen Fed Realty 7,650 SF Berkshire Hathaway PenFed Realty 1,390 SF
Condominium Unit Owners Association 500 SF Metropolitan Regional Info 300 SF
Ross Heating-Air Conditioning 150 SF
Copyrighted report licensed to City of Manassas - 732655.
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Page 14
3/9/2020
9100 Church St - Church St. Professional CenterManassas, VA 20110 - Manassas Submarket
Property Summary Report
PROPERTY CONTACTSTrue Owner: Edward A Newcomb Recorded Owner: Newcomb E Allen
Property Manager: Condominium Unit Owners Association Developer: J.C. Scott & Associates
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 18.1% 5.5%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $17.05
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 15
3/9/2020
9104 Church StManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office Co…
Tenancy: Multiple
Year Built: 2008
RBA: 6,200 SF
Floors: 2
Typical Floor: 3,100 SF
Construction: Masonry
LANDParcel 10423
EXPENSES PER SFTaxes: $0.79 (2019)
AMENITIES
Air Conditioning
LEASINGAvailable Spaces: 72 - 198 SF Available in 3 Spaces
Availability: 6.5% Available; 0% Vacant
Leasing Company:Weber Rector Commercial Real Estate Services
Contacts: Coleman G. Rector (703) 330-1224
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 201 Office Coworking 132 132 132 $59.09/FS TBDWeber Rector Commercial Real Estate Services - Brian Snook (703) 330-1224
P 2nd 202 Office Coworking 198 198 198 $59.09/FS TBDWeber Rector Commercial Real Estate Services - Brian Snook (703) 330-1224
P 2nd 206 Office Coworking 72 72 72 $59.09/FS TBDWeber Rector Commercial Real Estate Services - Brian Snook (703) 330-1224
TRANSPORTATIONParking: 420 free Surface Spaces are available; Ratio of 67.74/1,000 SF
Commuter Rail: 2 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 42 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (82)
Transit Score ®: Some Transit (28)
Copyrighted report licensed to City of Manassas - 732655.
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Page 16
3/9/2020
9104 Church StManassas, VA 20110 - Manassas Submarket
Property Summary Report
KEY TENANTSWeber Rector Commercial Real Estate Services 500 SF
PROPERTY CONTACTSTrue Owner: Walter A Amador Property Manager: Weber Rector Commercial Real Estate Servi…
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 0.0% 0.0%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 17
3/9/2020
9119 Church StManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Multiple
Year Built: 1900
RBA: 3,532 SF
Floors: 2
Typical Floor: 2,079 SF
LANDLand Area: 0.23 AC
Zoning: B-3
Parcel 394
EXPENSES PER SFTaxes: $1.41 (2019)
AMENITIES
Air Conditioning
LEASINGAvailable Spaces: 182 - 210 SF Available in 2 Spaces
Availability: 11.1% Available; 0% Vacant
Leasing Company:Linton Hall Realtors
Contacts: Connor Leake (703) 895-0677
AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 210 210 210 $68.57/FS 30 Days NegotiableLinton Hall Realtors - Connor Leake (703) 895-0677Acqtel Realty - Jim Smith (703) 899-6553
P 2nd Office Direct 182 182 182 $65.93/FS 30 Days NegotiableLinton Hall Realtors - Connor Leake (703) 895-0677Acqtel Realty - Jim Smith (703) 899-6553
SALELast Sale: Sold on May 25, 2016 for $650,000 ($184.03/SF)
Copyrighted report licensed to City of Manassas - 732655.
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Page 18
3/9/2020
9119 Church StManassas, VA 20110 - Manassas Submarket
Property Summary Report
TRANSPORTATIONParking: 13 free Surface Spaces are available; Ratio of 1.46/1,000 SF
Commuter Rail: 1 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 43 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (86)
Transit Score ®: Some Transit (28)
KEY TENANTSAcqtel Realty 1,766 SF Title Associates Of VA Inc 1,050 SF
Dominion Law 750 SF Dupray & Dupray PLLC 450 SF
PROPERTY CONTACTSTrue Owner: James Smith Recorded Owner: CorTam Real Estate Holdings, LLC
Prior True Owner: James B Robeson
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 0.0% 0.0%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $67.34
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 19
3/9/2020
8707 Digges RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Single
Year Built: 1964; Renov 2000
RBA: 2,552 SF
Floors: 1
Typical Floor: 2,552 SF
LANDLand Area: 0.10 AC
Zoning: B1
Parcel 3945
EXPENSES PER SFTaxes: $1.65 (2019)
AMENITIES
24 Hour Access, Air Conditioning, Central Heating, Reception, Storage Space
LEASINGAvailable Spaces: 2,552 SF Available in 1 Space
Availability: 100% Available; 100% Vacant
Leasing Company:Samson Properties
Contacts: Tashea McDade (703) 378-8810
AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 2,552 2,552 2,552 $30.57/NNN Vacant NegotiableSamson Properties - Tashea McDade (703) 378-8810
TRANSPORTATIONParking: 12 Surface Spaces are available; Ratio of 4.70/1,000 SF
Commuter Rail: 5 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 42 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (61)
Transit Score ®: Some Transit (27)
PROPERTY CONTACTSTrue Owner: Dara Holding
Copyrighted report licensed to City of Manassas - 732655.
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Page 20
3/9/2020
8707 Digges RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 100% 6.0%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $37.78 73.3%
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 21
3/9/2020
9304-9306 Forest Point CirManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office Co…
Year Built: 1989
RBA: 7,574 SF
Floors: 1
Typical Floor: 7,574 SF
Construction: Masonry
LANDZoning: B-1
Parcel 11925
EXPENSES PER SFTaxes: $0.59 (2019)
LEASINGAvailable Spaces: 50 - 140 SF Available in 3 Spaces
Availability: 3.8% Available; 3.8% Vacant
Leasing Company:Wright Realty, Inc.
Contacts: Edward B. Wright, III (703) 368-8136
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st 9306a Office Direct 50 50 50 $120.00/FS Vacant NegotiableWright Realty, Inc. - Edward B. Wright, III (703) 368-8136
P 1st 9306b Office Direct 100 100 100 $120.00/FS Vacant NegotiableWright Realty, Inc. - Edward B. Wright, III (703) 368-8136
P 1st 9360c Office Direct 140 140 140 $120.00/FS Vacant NegotiableWright Realty, Inc. - Edward B. Wright, III (703) 368-8136
SALELast Sale: Sold on Oct 13, 2010 for $1,333,024 ($176.00/SF)
TRANSPORTATIONParking: 20 free Surface Spaces are available; Ratio of 2.64/1,000 SF
Commuter Rail: 6 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 43 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (54)
Transit Score ®: Some Transit (27)
KEY TENANTSGupta Properties 3,890 SF Shimla Medical Center 3,184 SF
Copyrighted report licensed to City of Manassas - 732655.
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Page 22
3/9/2020
9304-9306 Forest Point CirManassas, VA 20110 - Manassas Submarket
Property Summary Report
PROPERTY CONTACTSTrue Owner: Gupta Properties Recorded Owner: Gupta Properties
Prior True Owner: Grip Partners General Partnership
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 3.8% 2.8%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $120.00 412.8%
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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3/9/2020
9381-9393 Forestwood LnManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Multiple
RBA: 7,650 SF
Floors: 1
Typical Floor: 7,650 SF
LANDParcel 5657
EXPENSES PER SFTaxes: $0.28 (2019)
AMENITIES
Air Conditioning, Central Heating, Conferencing Facility, Drop Ceiling, Kitchen, Plug & Play, Storage Space
LEASINGAvailable Spaces: 300 - 1,200 SF Available in 1 Space
Availability: 15.7% Available; 15.7% Vacant
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st 9393-PartialOffice Sublet 300 - 1,200 1,200 1,200 $20.00/MG Vacant NegotiableReMax Regency - John W. Latham (703) 898-5998
TRANSPORTATIONParking: 40 free Surface Spaces are available; Ratio of 5.23/1,000 SF
Commuter Rail: 5 minute drive to Manassas Commuter Rail (Manassas Line)
Walk Score ®: Somewhat Walkable (54)
Transit Score ®: Some Transit (27)
KEY TENANTSLighthouse Insurance Service 150 SF
PROPERTY CONTACTSTrue Owner: Heltzel-Synergy One Mortgage
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Page 24
3/9/2020
9381-9393 Forestwood LnManassas, VA 20110 - Manassas Submarket
Property Summary Report
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 15.7% 15.7%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.
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Page 25
3/9/2020
9420 Forestwood Ln - Building 2Manassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office Co…
Tenancy: Multiple
Year Built: 2007
RBA: 19,962 SF
Floors: 2
Typical Floor: 12,000 SF
Construction: Masonry
LANDLand Area: 3.05 AC
Zoning: B-1
Parcel 12869
EXPENSES PER SFTaxes: $0.31 (2016)
Opex: $7.69 (2015-Est)
LEASINGAvailable Spaces: 3,032 SF Available in 1 Space
Availability: 15.2% Available; 45.3% Vacant
Leasing Company:Weber Rector Commercial Real Estate Services
Contacts: Brian Snook (703) 330-1224
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 204 Office Direct 3,032 3,032 3,032 $9.00/NNN Vacant NegotiableWeber Rector Commercial Real Estate Services - Brian Snook (703) 330-1224
SALELast Sale: Condo Unit 202 Sold on Aug 21, 2019 for $260,820 ($92.00/SF)
TRANSPORTATIONParking: 85 free Surface Spaces are available; Ratio of 3.54/1,000 SF
Commuter Rail: 6 minute drive to Manassas Commuter Rail (Manassas Line)
Walk Score ®: Car-Dependent (47)
Transit Score ®: Some Transit (27)
KEY TENANTSDaVita Kidney Care 9,981 SF
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Page 26
3/9/2020
9420 Forestwood Ln - Building 2Manassas, VA 20110 - Manassas Submarket
Property Summary Report
PROPERTY CONTACTSTrue Owner: Premiere Realty Recorded Owner: Forestwood Venture, LLC
Prior True Owner: D C DIAMOND CORPORATION Property Manager: Premiere Realty
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 45.3% 43.4%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $16.38 3.7%
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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Page 27
3/9/2020
10621 Gateway BlvdManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office
Tenancy: Multiple
Year Built: 2007
RBA: 30,473 SF
Floors: 2
Typical Floor: 15,000 SF
LANDLand Area: 2.01 AC
Zoning: M2
EXPENSES PER SFTaxes: $2.25 (2016)
PARCEL
12953, 7697-88-7737
LEASINGAvailable Spaces: 1,463 - 5,175 SF Available in 1 Space
Availability: 17.0% Available; 17.0% Vacant
Leasing Company:Wright Realty, Inc.
Contacts: Edward B. Wright, III (703) 368-8136
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st 106 Office Direct 1,463 - 5,175 5,175 5,175 $22.50/TBD Vacant NegotiableWright Realty, Inc. - Edward B. Wright, III (703) 368-8136
TRANSPORTATIONParking: 120 free Surface Spaces are available; Ratio of 4.04/1,000 SF
Walk Score ®: Car-Dependent (16)
Transit Score ®: Minimal Transit (15)
KEY TENANTSWhitlock Dalrymple Poston 10,000 SF MP Copiers 6,149 SF
Big Sky Inc 4,000 SF Evertz USA Inc 1,050 SF
PROPERTY CONTACTSTrue Owner: Michael R Vanderpool Recorded Owner: Presgrave Gateway Llc
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3/9/2020
10621 Gateway BlvdManassas, VA 20110 - Manassas Submarket
Property Summary Report
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 17.0% 0.0%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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3/9/2020
9303 Grant AveManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Multiple
Year Built: 1920
RBA: 5,369 SF
Floors: 2
Typical Floor: 2,684 SF
LANDLand Area: 0.36 AC
Zoning: B1
Parcel 1087
EXPENSES PER SFTaxes: $1.04 (2019)
LEASINGAvailable Spaces: 3,500 SF Available in 1 Space
Availability: 65.2% Available; 65.2% Vacant
Leasing Company:The Wiley Companies
Contacts: Carter Wiley (703) 753-9600
AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 3,500 3,500 3,500 $19.00/NNN Vacant NegotiableThe Wiley Companies - Carter Wiley (703) 753-9600
TRANSPORTATIONParking: 10 free Surface Spaces are available; Ratio of 1.86/1,000 SF
Commuter Rail: 2 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 43 minute drive to Washington Dulles International Airport
Walk Score ®: Very Walkable (81)
Transit Score ®: Some Transit (28)
PROPERTY CONTACTSTrue Owner: Anatoli Stobbe Recorded Owner: Anatoli Stobbe
Prior True Owner: Astrid M. Stobbe
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3/9/2020
9303 Grant AveManassas, VA 20110 - Manassas Submarket
Property Summary Report
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 65.2% 65.2%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $26.34
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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3/9/2020
9161 Liberia Ave - Signal Hill Professional CenterManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office Co…
Tenancy: Multiple
Year Built: 2006
RBA: 43,600 SF
Floors: 4
Typical Floor: 11,291 SF
Construction: Masonry
LANDLand Area: 1.73 AC
Zoning: I-2, Manassas
LEASINGAvailable Spaces: 2,942 SF Available in 1 Space
Availability: 6.7% Available; 13.5% Vacant
Leasing Company:Verity Commercial, LLC
Contacts: David A. Colvin (703) 435-4007 X115
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st 100 Office Direct 2,942 2,942 2,942 $19.50/+CHAR Vacant 3 - 5 YrsVerity Commercial, LLC - David A. Colvin (703) 435-4007 X115
SALELast Sale: Condo Unit 303 Sold on Feb 18, 2019
TRANSPORTATIONParking: 120 free Surface Spaces are available; 45 Covered Spaces are available; Ratio of 3.75/1,000 SF
Commuter Rail: 6 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 41 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (64)
Transit Score ®: Minimal Transit (21)
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Page 32
3/9/2020
9161 Liberia Ave - Signal Hill Professional CenterManassas, VA 20110 - Manassas Submarket
Property Summary Report
KEY TENANTSMid-Atlantic Real Estate Investment, Inc. 3,799 SF Vigario Management Corp 3,387 SF
Frye & Wolcott 2,595 SF Advantage Physical Therapy & RHB 2,258 SF
Versatile Title And Escrow, LLC 2,258 SF Brown Mobley & Way 1,500 SF
PROPERTY CONTACTSDeveloper: Mid Atlantic Real Estate Investments, Inc Architect: The M Group Inc.
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 15.6% 4.1%
Submarket 2-4 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $20.44 4.2%
Submarket 2-4 Star $23.33 0.9%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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3/9/2020
8575-8577 Sudley Rd - Stonewall Acres Professional CtrManassas, VA 20110 - Route 29/I-66 Corridor Submarket
Property Summary Report
BUILDINGType: Class C Office Co…
Tenancy: Multiple
Year Built: 1983
RBA: 38,000 SF
Floors: 2
Typical Floor: 9,732 SF
Construction: Masonry
LANDZoning: OL, County
PARCEL
7796-05-6804, 7796-05-6904, 7796-05-6906, 7796-05-6907
LEASINGAvailable Spaces: 1,688 SF Available in 1 Space
Availability: 4.4% Available; 4.4% Vacant
Leasing Company:Wright Realty, Inc.
Contacts: Edward B. Wright, III (703) 368-8136
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd D Office Direct 1,688 1,688 1,688 $14.04/+UTIL Apr 2020 NegotiableWright Realty, Inc. - Edward B. Wright, III (703) 368-8136
SALELast Sale: Condo Unit A & B Sold on Oct 5, 2018 for $275,000 ($110.00/SF)
TRANSPORTATIONParking: 40 free Surface Spaces are available; Ratio of 2.00/1,000 SF
Commuter Rail: 6 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 41 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (61)
Transit Score ®: Some Transit (27)
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Page 34
3/9/2020
8575-8577 Sudley Rd - Stonewall Acres Professional CtrManassas, VA 20110 - Route 29/I-66 Corridor Submarket
Property Summary Report
KEY TENANTSNmg Affiliate Practice I LLC 2,700 SF Manassas Foot & Ankle Center 1,800 SF
Brite Smile Dental 973 SF Applica Solutions Inc 750 SF
Alan Yurkshat Ea Tax Man 200 SF
PROPERTY CONTACTSDeveloper: John F. McMahon, Jr. & Co., Inc.
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 4.4% 4.4%
Submarket 1-3 Star 8.1% 0.2%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $15.84
Submarket 1-3 Star $24.30 1.1%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 80,019 29.9%
Months On Market 7.5 0.8 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $38.6 79.2%
12 Mo. Price Per SF $250 0.4%
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Page 35
3/9/2020
8629 Sudley RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office Co…
Tenancy: Multiple
Year Built: 1990
RBA: 6,556 SF
Floors: 2
Typical Floor: 3,278 SF
LANDLand Area: 0.08 AC
Zoning: B4, Manassas
Parcel 10485
EXPENSES PER SFTaxes: $0.76 (2019)
LEASINGAvailable Spaces: 1,328 SF Available in 1 Space
Availability: 20.3% Available; 20.3% Vacant
Leasing Company:Weber Rector Commercial Real Estate Services
Contacts: Coleman G. Rector (703) 330-1224
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 201 Office Direct 1,328 1,328 1,328 $14.50/NNN Vacant NegotiableWeber Rector Commercial Real Estate Services - Coleman G. Rector (703) 330-1224
SALELast Sale: Portfolio of 2 Office Condos in Manassas, VA Sold on Mar 1, 2019 for $350,000 ($130.21/SF)
TRANSPORTATIONParking: 120 Surface Spaces are available; Ratio of 10.00/1,000 SF
Commuter Rail: 6 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 42 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (66)
Transit Score ®: Some Transit (27)
KEY TENANTSA Schoolcraft Insurance Agency Inc 1,500 SF Payne Financial 1,050 SF
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3/9/2020
8629 Sudley RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
PROPERTY CONTACTSTrue Owner: Patrick F Zazzaro
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 20.3% 20.3%
Submarket 2-4 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $21.88
Submarket 2-4 Star $23.33 0.9%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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Page 37
3/9/2020
8644 Sudley RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office
Tenancy: Multiple
Year Built: 2006
RBA: 58,107 SF
Floors: 3
Typical Floor: 22,100 SF
Construction: Reinforced Concrete
LANDParcel 91036
LEASINGAvailable Spaces: 4,179 SF Available in 1 Space
Availability: 7.2% Available; 7.2% Vacant
Leasing Company:Meadows & Ohly, LLC
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st 119 Medical Direct 4,179 4,179 4,179 $25.00/+CHAR Vacant 10 YrsHealthcare Realty Services Incorporated - Susie Woolfolk (804) 282-5391 X303
TRANSPORTATIONCommuter Rail: 7 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 43 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (61)
Transit Score ®: Some Transit (27)
KEY TENANTSPrince William Ambulatory Surg 10,500 SF Northern Virginia Orthopaedic Specialist 4,420 SF
National Spine & Pain Center 2,210 SF Ear, Nose & Throat Specialists Of No.VA.P.C. 1,500 SF
Novant Health | Uva Northern Virginia Psychiatric 1,500 SF Capital Women's Care-Manassas 1,350 SF
PROPERTY CONTACTSTrue Owner: Novant Health Inc Recorded Owner: Novant Health Inc
Property Manager: Novant Health Inc
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3/9/2020
8644 Sudley RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 7.2% 0.0%
Submarket 2-4 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $25.94 0.0%
Submarket 2-4 Star $23.33 0.9%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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Page 39
3/9/2020
8650 Sudley RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office
Tenancy: Multiple
RBA: 81,755 SF
Floors: 5
Typical Floor: 16,351 SF
Construction: Masonry
LANDParcel 91036
LEASINGAvailable Spaces: 884 - 2,013 SF Available in 3 Spaces
Availability: 5.0% Available; 5.0% Vacant
Leasing Company:Meadows & Ohly, LLC
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 215 Medical Direct 884 884 884 $24.00/+CHAR Vacant NegotiableHealthcare Realty Services Incorporated - Susie Woolfolk (804) 282-5391 X303
P 3rd 303 Medical Direct 1,150 1,150 1,150 $24.00/+CHAR Vacant NegotiableHealthcare Realty Services Incorporated - Susie Woolfolk (804) 282-5391 X303
P 3rd 306 Medical Direct 2,013 2,013 2,013 $24.00/+CHAR Vacant NegotiableHealthcare Realty Services Incorporated - Susie Woolfolk (804) 282-5391 X303
TRANSPORTATIONParking: 400 Surface Spaces are available; Ratio of 4.89/1,000 SF
Walk Score ®: Somewhat Walkable (61)
Transit Score ®: Some Transit (27)
KEY TENANTSPrince William Medical Center 16,351 SF Novant Health 3,720 SF
Pine Grove Pediatrics, PC 2,013 SF Renewal Dermatology & MedSpa, P.C. 1,635 SF
Pulmonary & Critical Care Spec 1,500 SF Bitar Cosmetic Surgery Institute 1,250 SF
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Page 40
3/9/2020
8650 Sudley RdManassas, VA 20110 - Manassas Submarket
Property Summary Report
PROPERTY CONTACTSTrue Owner: Novant Health Inc Recorded Owner: Novant Health Inc
Property Manager: Novant Health Inc
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 5.0% 0.0%
Submarket 2-4 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $24.94 0.0%
Submarket 2-4 Star $23.33 0.9%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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Page 41
3/9/2020
9548-9550 Surveyor CtManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class C Office
Tenancy: Multiple
Year Built: 1969
RBA: 4,282 SF
Floors: 2
Typical Floor: 2,141 SF
Construction: Masonry
LANDLand Area: 0.21 AC
Zoning: B1, Manassas
Parcel 4247
EXPENSES PER SFTaxes: $0.97 (2019)
AMENITIES
24 Hour Access
LEASINGAvailable Spaces: 1,071 - 3,195 SF Available in 2 Spaces
Availability: 74.6% Available; 74.6% Vacant
Leasing Company:ReMax Regency
Contacts: John W. Latham (703) 898-5998
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 1st 9550 Office Direct 1,071 1,071 3,195 $20.00/FS Vacant NegotiableReMax Regency - John W. Latham (703) 898-5998
P 2nd 9550 Office Direct 2,124 2,124 3,195 $20.00/FS Vacant NegotiableReMax Regency - John W. Latham (703) 898-5998
SALELast Sale: Sold on Jun 19, 2015 for $585,000 ($136.62/SF) at 8.00% Cap
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3/9/2020
9548-9550 Surveyor CtManassas, VA 20110 - Manassas Submarket
Property Summary Report
TRANSPORTATIONParking: 20 free Surface Spaces are available; Ratio of 1.87/1,000 SF
Commuter Rail: 6 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 43 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (61)
Transit Score ®: Some Transit (27)
KEY TENANTSManassas Massage Therapy 1,100 SF
PROPERTY CONTACTSTrue Owner: JECOR LLC Recorded Owner: JECOR LLC
Prior True Owner: Birch, LLC
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 74.6% 74.6%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $20.00 66.7%
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
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Page 43
3/9/2020
9625 Surveyor Ct - Monroe BldgManassas, VA 20110 - Manassas Submarket
Property Summary Report
BUILDINGType: Class B Office
Tenancy: Multiple
Year Built: 1973; Renov 1997
RBA: 34,000 SF
Floors: 4
Typical Floor: 8,500 SF
Construction: Masonry
LANDLand Area: 1.28 AC
Zoning: B1, Manassas
Parcel 4259
EXPENSES PER SFTaxes: $0.16 (2019)
AMENITIES
Controlled Access, Security System, Signage
LEASINGAvailable Spaces: 150 - 5,599 SF Available in 3 Spaces
Availability: 25.5% Available; 5.2% Vacant
Leasing Company:Newmark Knight Frank
Contacts: Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
AVAILABLE SPACES
Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 210 Office Direct 1,754 5,599 5,599 $17.50/FS Vacant 3 - 10 YrsNewmark Knight Frank - Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
P 2nd 230 Office Direct 3,845 5,599 5,599 $17.50/FS 30 Days 3 - 10 YrsNewmark Knight Frank - Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
P 2nd 200 Office Coworking 150 - 3,085 3,085 3,085 Withheld TBDNewmark Knight Frank - Larry FitzGerald (703) 918-0221, Cole Spalding (703) 918-0230
SALELast Sale: Sold on Jul 31, 1996 for $785,000 ($23.09/SF)
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3/9/2020
9625 Surveyor Ct - Monroe BldgManassas, VA 20110 - Manassas Submarket
Property Summary Report
TRANSPORTATIONParking: 150 free Surface Spaces are available; Ratio of 3.30/1,000 SF
Commuter Rail: 5 minute drive to Manassas Commuter Rail (Manassas Line)
Airport: 43 minute drive to Washington Dulles International Airport
Walk Score ®: Somewhat Walkable (61)
Transit Score ®: Some Transit (27)
KEY TENANTSMedical Services of America 3,845 SF Vitas Hospice Service 2,871 SF
Green Jade Chiropractic PLLC 1,313 SF Virginia Home Bsed Counseling PC 1,200 SF
Battlefield Family Practice 600 SF Manassas Center Partnership Assoc. 500 SF
PROPERTY CONTACTSTrue Owner: Premier Management Services, LC Recorded Owner: Surveyor Court LC
Property Manager: Premier Management Services, LC Architect: Salditt & Associates Architects Inc
MARKET CONDITIONS
Vacancy Rates Current YOY
Current Building 5.2% 13.1%
Submarket 1-3 Star 3.6% -0.6%
Market Overall 13.4% 0.4%
Gross Asking Rents Per SF Current YOY
Current Building $17.50 0.0%
Submarket 1-3 Star $23.04 0.8%
Market Overall $38.40 1.6%
Submarket Leasing Activity Current YOY
12 Mo. Leased SF 71,036 32.9%
Months On Market 10.9 0.0 mo
Submarket Sales Activity Current YOY
12 Mo. Sales Volume (Mil.) $2.7 -19.8%
12 Mo. Price Per SF $207 1.7%
Copyrighted report licensed to City of Manassas - 732655.