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Oakville | VaTech Innovation Campus 405 Fannon St

17,714 SF Industrial Building Alexandria, VA 22301 For Sale

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EXECUTIVE SUMMARY

One of the only industrial properties in the rapidly developing Route 1 corridor. Amazing infill redevelopment opportunity. An Increase in FAR to 2.5 could yield up to 62 residential units on this site. The surrounding new development includes 1,000+ new residential units, 72 townhomes, and 65,000 square feet of retail space, attracting prominent establishments such as Founding Farmers, Dok Khao Thai Eatery, TridentCrossfit, YogaSix, and N&J Nails, enhancing the area's appeal. Located across the street from the brand new Inova Healthplex at Oakville and across Richmond Highway from the 590,000 sf, Potomac Yard retail center anchored by Target, Best Buy, and Amazon Fresh. This location enjoys QUICK and convenient access to National Landing, Reagan National Airport (2 mi), downtown Washington DC, G.W. Parkway, I-395, and I-95. Located one mile from Potomac Yard Metro Station and the Virginia Tech Innovation Campus, which will bring 300K SF of campus development in Spring 2025. 580,000 sf of new residential development now leasing and 65,000 sf new ground floor retail opening in Q1 2025. The property is also for lease.

OM_405 Fannon Street_Sale or Lease (Jan 25)

PROPERTY FACTS

Sale Type	Investment or Owner User	No. Stories	1
Sale Conditions	1031 Exchange Redevelopment Project	Year Built/Renovated	1952/1998
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Flex Research & Development General Retail Restaurant FlexLight Distribution	Parking Ratio	0.62/1,000 SF
Building Class	B	Clear Ceiling Height	16’
Lot Size	0.52 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	17,714 SF

Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Redevelopment Project
Property Type	Industrial
Property Subtype	Warehouse Flex Research & Development General Retail Restaurant FlexLight Distribution
Building Class	B
Lot Size	0.52 AC
Rentable Building Area	17,714 SF
No. Stories	1
Year Built/Renovated	1952/1998
Tenancy	Single
Parking Ratio	0.62/1,000 SF
Clear Ceiling Height	16’
No. Drive In / Grade-Level Doors	1

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
CONDITION
AVAILABLE

1st Floor
17,714 SF
Industrial
-
Now

405 Fannon St, Alexandria, VA for sale Floor Plan- Image 1 of 1 — Floor Plan

Space	Size	Space Use	Condition	Available
1st Floor	17,714 SF	Industrial	-	Now

Size

17,714 SF

Space Use

Industrial

Condition

Available

Now

1 of 1

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MAP

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AERIAL
MAP

405 Fannon St, Alexandria, VA - AERIAL map view

Walk Score®

Very Walkable (81)

Bike Score®

Biker's Paradise (93)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

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, Transit Score® & Bike Score?

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of any address. Transit Score®

measures access to public transit. Bike Score®

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Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	035.01-04-20	Improvements Assessment	$2,221,757 CAD
Land Assessment	$3,223,825 CAD	Total Assessment	$5,445,582 CAD

PROPERTY TAXES

Parcel Number

035.01-04-20

Land Assessment

$3,223,825 CAD

Improvements Assessment

$2,221,757 CAD

Total Assessment

$5,445,582 CAD

ZONING

Zoning Code	Industrial (I) (Currently Zoned Industrial (I). This property is located in the Oakville Triangle-Potomac Yard West Coordinated Development District (CDD) #24.)
Industrial (I) (Currently Zoned Industrial (I). This property is located in the Oakville Triangle-Potomac Yard West Coordinated Development District (CDD) #24.)