3975 Fair Ridge Dr Fairfax, VA 22033

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 today's 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 today's 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. metro's 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 â–ª 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. â–ª 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. â–ª 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 asset's operating momentum and the value created through active management. â–ª 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. â–ª 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. â–ª 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. â–ª 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. â–ª 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. â–ª Durable Northern Virginia Fundamentals: Anchored by federal government, defense, technology, and the world's largest concentration of data-center activity, the regional economy provides a deep and diversified base of office-using employment.