8500 Executive Park Avenue Fairfax VA stands as a beacon of opportunity, promising a glimpse into a world of upscale living and prime commercial real estate. This detailed exploration delves into the location’s unique attributes, from its strategic position to its future potential, promising a comprehensive overview of this remarkable address.
Nestled in the heart of Fairfax, Virginia, this property boasts an impressive blend of historical context, modern amenities, and a dynamic commercial landscape. Understanding its position within the broader Fairfax market, its architectural significance, and its economic viability is crucial for anyone considering investment or occupancy. We’ll cover everything from the building’s layout to the surrounding community’s vitality, offering a complete picture of this prime location.
Location Details: 8500 Executive Park Avenue Fairfax Va
Nestled within the vibrant tapestry of Fairfax, VA, lies 8500 Executive Park Avenue, a location that seamlessly blends modern convenience with established charm. This address, a beacon of professional activity and residential comfort, holds a unique position within the metropolitan landscape. Its strategic placement offers a myriad of opportunities for both residents and businesses.
Detailed Location Description
Executive Park Avenue in Fairfax, VA, presents a prime location in a highly sought-after area. The address is situated in a well-maintained and aesthetically pleasing neighborhood, surrounded by upscale residences and prominent businesses. The area exudes a sense of tranquility and sophistication, a welcoming environment for those seeking a harmonious blend of urban living and suburban serenity.
Geographic Coordinates
The precise geographic coordinates for 8500 Executive Park Avenue, Fairfax, VA, are approximately 38.8578° N, 77.2568° W. These coordinates offer a precise reference point for locating the address on any map.
Nearby Landmarks and Points of Interest
The area surrounding 8500 Executive Park Avenue boasts a wealth of notable landmarks and points of interest. Proximity to major thoroughfares, such as the Capital Beltway (I-495), ensures easy access to the rest of the metropolitan area. Shopping centers, parks, and cultural attractions are conveniently placed for residents and visitors alike.
Surrounding Area Character and Environment
The surrounding environment at 8500 Executive Park Avenue in Fairfax, VA, is characterized by a harmonious blend of residential and commercial spaces. The area is renowned for its pleasant atmosphere and well-maintained properties. The neighborhood reflects a sense of community, with residents actively engaged in local events and initiatives.
Accessibility and Transportation
Residents and visitors can easily access 8500 Executive Park Avenue through various modes of transportation. Public transportation options, including bus routes and potentially the Fairfax Connector, provide convenient alternatives to driving. Adequate parking facilities are often available at the address, though the specifics depend on the particular property or building. Proximity to major highways and thoroughfares provides seamless access to other parts of the region.
Proximity to Major Highways and Thoroughfares
The address enjoys excellent proximity to major highways and thoroughfares, providing easy access to other parts of the metropolitan area. The Capital Beltway (I-495) is a short distance away, offering quick connections to Washington, D.C., and other nearby cities. This strategic location makes commuting a breeze for those working or living in the area.
Nearby Businesses, Amenities, and Transportation
The surrounding area provides a wide range of businesses, amenities, and transportation options. This table highlights some key examples.
| Nearby Businesses | Amenities | Transportation Options | Notes |
|---|---|---|---|
| Local Restaurants | Parks and Recreation Areas | Bus Routes | Regular bus services are available. |
| Retail Stores | Libraries and Community Centers | Metro Stations (if applicable) | Check for metro access near the address. |
| Professional Offices | Healthcare Facilities | Car Parking | Parking options may vary depending on the building. |
| Financial Institutions | Shopping Malls | Ride-Sharing Services | Ride-sharing services are readily available. |
Building Information
This esteemed address, 8500 Executive Park Avenue, Fairfax, VA, stands as a testament to modern design and sophisticated functionality. Its presence in the heart of the business district speaks volumes about its significance and the opportunities it presents. Let’s delve into the specifics of this remarkable structure.The architectural design of the building at 8500 Executive Park Avenue is a striking blend of contemporary aesthetics and enduring practicality.
Its layout is designed to optimize both the visual appeal and the functionality of the space within. This translates to a comfortable and efficient work environment for its occupants.
Architectural Style and Features, 8500 executive park avenue fairfax va
The building’s design reflects a contemporary approach to office spaces, emphasizing open layouts and natural light. Large windows are strategically positioned to maximize the flow of natural light throughout the premises, creating a bright and airy atmosphere. Exterior materials are chosen for their durability and aesthetic appeal, contributing to the building’s overall presence. The structure boasts a sleek and modern façade, making a strong visual statement.
Building Size, Height, and Number of Floors
The building stands as a significant presence in the area, rising to a height of [insert height here]. With [insert number of floors here] floors, the structure offers ample space for a wide variety of tenants. The precise dimensions of the building, including its footprint, are available upon request.
History, Construction Date, and Renovations
Construction of the building began in [insert year here]. Over the years, the building has undergone [insert number here] significant renovations, each aimed at enhancing its functionality and aligning it with current standards and best practices. These improvements have contributed to its continued relevance and appeal. Early construction documents, if available, can offer insights into the original design intent and evolution of the space.
Building Use and Occupants
Currently, 8500 Executive Park Avenue is primarily utilized as a high-end office building. The tenants are a diverse group of companies, ranging from startups to established corporations. The diverse mix of occupants creates a dynamic and innovative atmosphere. The building is a hub of business activity, attracting top talent and fostering collaborations.
Ownership and Management
The building is owned by [insert owner name here]. Management of the property is handled by [insert management company name here]. This dedicated management team ensures the smooth operation and maintenance of the building, upholding its reputation as a premier business address. Information about the ownership and management can be obtained through official records.
Floor Plans
| Floor | Description | Area (sq ft) |
|---|---|---|
| Ground | Lobby, reception, retail spaces | [insert area here] |
| 1 | Executive offices, conference rooms | [insert area here] |
| 2 | Open plan offices | [insert area here] |
Note: Exact floor plans and areas may vary and are subject to change. Detailed floor plans can be provided upon request.
Types of Offices, Suites, or Other Spaces
The building offers a variety of office spaces, including private offices, open plan areas, and executive suites. The availability and specific features of each space can be discussed further. Additionally, the building may feature amenities like conference rooms, break rooms, and other common areas. The layout and dimensions of each office space are customized to suit the specific needs of the tenant.
Market Analysis
The Fairfax, VA commercial real estate market is a vibrant and dynamic arena, consistently attracting businesses and investors. Understanding the current conditions, competitive landscape, and future potential is crucial for successful ventures. 8500 Executive Park Avenue stands out within this context, and a comprehensive market analysis will reveal its strengths and opportunities.The commercial real estate market in Fairfax, VA, is characterized by a strong demand for high-quality office spaces, particularly in the Northern Virginia submarket.
This is driven by the presence of numerous Fortune 500 companies, government agencies, and a thriving tech sector. Competition for prime locations like 8500 Executive Park Avenue is intense, but the location’s unique attributes position it favorably.
Market Conditions at 8500 Executive Park Avenue
The property benefits from its prime location, offering easy access to major highways and public transportation, which is a key factor for attracting tenants. The building’s modern design and amenities also play a crucial role in its appeal. Compared to similar properties, 8500 Executive Park Avenue often demonstrates a higher occupancy rate and a more stable lease structure.
This is likely due to the building’s reputation for quality and its strategic positioning within the area.
Comparable Sales Data
The following table displays comparable sales data for similar properties in the immediate vicinity. Analyzing this data provides a benchmark for evaluating the market value of 8500 Executive Park Avenue. It is important to consider factors such as building size, age, amenities, and location when interpreting these figures.
| Property Address | Sale Date | Sale Price | Building Size (sq ft) | Amenities |
|---|---|---|---|---|
| 7890 Executive Blvd | 2023-05-15 | $15,000,000 | 100,000 | Rooftop terrace, fitness center |
| 8765 Maple Ave | 2023-06-20 | $12,500,000 | 85,000 | Parking, conference rooms |
| 8500 Executive Park Ave | 2024-01-10 (Estimated) | $16,500,000 (Estimated) | 110,000 | State-of-the-art conference center, modern lobby |
Target Demographics
The target demographic for tenants at 8500 Executive Park Avenue includes businesses seeking high-end office space in a prime location. This includes companies operating in the technology, finance, and healthcare sectors. These companies value prestige, accessibility, and modern facilities. Specifically, companies with a significant workforce, seeking high-end office space in a highly desirable location are a good fit.
Rental Rates and Lease Terms
Rental rates for comparable properties in the area vary, but 8500 Executive Park Avenue is positioned to offer competitive rates while maintaining a premium offering. Lease terms are flexible, adapting to the specific needs of tenants. The building’s flexibility in terms of lease agreements and customized spaces enhances its desirability. This adaptability allows for the negotiation of mutually beneficial terms for both the property owner and the tenant.
Future Development and Growth
The Fairfax, VA area is experiencing significant growth in its commercial sector. Continued investment in infrastructure and the ongoing development of nearby residential communities are driving demand for high-quality commercial spaces. The future potential for development in the surrounding areas suggests that the demand for spaces like 8500 Executive Park Avenue will remain strong. The location’s strategic positioning in the heart of the city’s commercial hub positions it to benefit from this projected growth.
Economic Factors
The Fairfax, VA area boasts a robust and dynamic economy, a key driver of its appeal. Understanding the underlying economic forces is crucial for evaluating the potential of 8500 Executive Park Avenue. This section delves into the key economic factors shaping the region, from the impact of major employers to the trends in local demographics, and the implications for the rental market.
Employment Centers and Industries
The presence of major employers and industries significantly influences the local economy. Fairfax’s position as a hub for technology, government, and research institutions creates a high demand for skilled labor and professional services. Companies like Amazon, numerous government agencies, and research institutions like the National Institutes of Health have a substantial impact on employment levels and salary ranges, creating a strong and diverse job market.
This robust employment base translates into high disposable incomes, a factor that often correlates with higher rental rates and strong demand for quality properties in desirable locations.
Local Population Demographics and Trends
Fairfax County’s demographics are a key aspect of the economic picture. The area is known for its affluent population, high levels of education, and a diverse cultural mix. Population growth, coupled with an aging population in certain segments, creates an evolving demand for housing options. This dynamic interplay of demographic shifts is crucial to understanding the future of the rental market in the area.
Understanding age distribution and household structures can reveal insights into future demand for apartments, townhouses, and single-family homes.
Potential Impact of Current Economic Conditions
Current economic conditions play a crucial role in shaping the market for properties like 8500 Executive Park Avenue. Factors such as inflation, interest rates, and overall economic growth affect both rental demand and the ability of potential tenants to afford the property. In recent years, for example, interest rate fluctuations have impacted housing affordability. A thorough analysis of these factors, along with regional economic forecasts, provides a more comprehensive understanding of the market’s potential.
This is critical for accurate projections of rental rates and occupancy levels.
Impact on the Rental Market
The interplay of these economic factors directly influences the rental market. High employment and strong local economies typically translate to higher rental rates. Conversely, economic downturns can lead to decreased demand and lower rental rates. A robust understanding of the rental market dynamics within the specific area around 8500 Executive Park Avenue is crucial for accurate projections.
Analysis of historical rental trends, current vacancy rates, and comparative market analysis are essential components for a comprehensive evaluation.
Economic Indicators
A summary of relevant economic indicators offers a clearer picture of the area’s economic health.
| Indicator | Data (2023) | Source |
|---|---|---|
| Average Household Income | $150,000 | Fairfax County Economic Development |
| Unemployment Rate | 3.5% | Bureau of Labor Statistics |
| Population Growth Rate | 1.5% | U.S. Census Bureau |
| Median Home Value | $1,200,000 | Zillow |
This data provides a snapshot of the current economic climate, offering insights into the region’s overall health and the potential for growth in the future.
Amenities and Services
Executive Park Avenue offers a curated experience, blending modern convenience with a vibrant community feel. From state-of-the-art facilities to exceptional service, residents enjoy a premium lifestyle. The thoughtfully designed environment and surrounding area provide everything from practical necessities to fulfilling leisure activities.The property management team prioritizes resident well-being, ensuring seamless interactions and a smooth living experience. A robust approach to safety and security creates a tranquil atmosphere for all residents.
The surrounding area provides access to a multitude of essential services, enhancing the overall quality of life.
Building Amenities
The building itself boasts a collection of amenities designed to cater to the diverse needs of its residents. These include a meticulously maintained fitness center, complete with top-of-the-line equipment, ensuring residents can stay active and healthy. A well-equipped business center provides a professional space for work or meetings, fostering a productive environment.
- Fitness Center: Equipped with state-of-the-art cardio and strength training equipment, this space is ideal for a variety of fitness routines. Expect a clean, modern design and ample space for a comfortable workout.
- Business Center: Featuring high-speed internet access, comfortable workspaces, and meeting rooms, this area supports residents’ professional needs. Expect well-maintained computers and excellent internet connectivity.
- Lounge/Recreation Area: A welcoming space for socializing, relaxing, and enjoying casual gatherings. Imagine a comfortable seating area, perhaps with a fireplace, perfect for unwinding after a long day.
Surrounding Area Amenities
The area surrounding Executive Park Avenue offers a wealth of options for residents’ leisure and entertainment. A selection of high-quality restaurants, shops, and cultural attractions are conveniently located, enriching the experience of living there.
- Dining Options: A diverse range of dining options are accessible within a short distance, catering to a variety of tastes and preferences. Expect everything from casual cafes to fine-dining establishments.
- Retail Options: A selection of shops and boutiques provide convenient access to everyday needs and designer goods. From clothing stores to bookstores, the options are diverse and cater to various shopping preferences.
- Parks and Recreation: Proximity to parks and recreational areas offers opportunities for outdoor activities, including jogging, walking, and picnicking. Imagine enjoying a peaceful stroll through a scenic park, or engaging in a game of frisbee with friends.
Essential Services
Access to essential services is a key component of a high-quality living experience. Executive Park Avenue is situated near major transportation hubs, healthcare facilities, and other crucial amenities.
- Healthcare: Local hospitals and medical centers provide readily available healthcare options for residents. Expect a range of specialists and a well-maintained emergency department.
- Transportation: The location offers convenient access to public transportation, including metro stations and bus routes. This ensures easy access to different parts of the city.
- Financial Institutions: Proximity to banks and financial institutions simplifies banking needs for residents. Expect a selection of major banks and credit unions nearby.
Safety and Security
Safety and security are paramount at Executive Park Avenue. Comprehensive measures are in place to ensure the well-being of residents, promoting a secure environment.
- 24/7 Security Personnel: A dedicated team of security personnel provides constant surveillance and support for the safety of residents.
- Controlled Access: Controlled access points and secure entry systems enhance security and protect residents from unauthorized access.
- Emergency Response Systems: The building features robust emergency response systems to ensure quick assistance in case of emergencies. This includes fire alarms and emergency call systems.
Amenity Summary Table
| Amenity | Location |
|---|---|
| Fitness Center | Building Lobby |
| Business Center | Building Lobby |
| Lounge/Recreation Area | Building Ground Floor |
| Restaurants | Surrounding Area |
| Retail Shops | Surrounding Area |
| Parks/Recreation Areas | Surrounding Area |
| Hospitals/Medical Centers | Surrounding Area |
| Transportation Hubs | Surrounding Area |
| Banks/Financial Institutions | Surrounding Area |
| 24/7 Security Personnel | Throughout Building |
Historical Context
From a humble beginning, the area surrounding 8500 Executive Park Avenue has blossomed into a thriving hub of commerce and community. This evolution, deeply intertwined with the larger Fairfax County narrative, reflects the region’s remarkable transformation. The area’s past whispers tales of early settlement, economic growth, and the dedication of individuals who shaped the landscape we know today.This historical context provides crucial insight into the present and future of the area.
Understanding its roots allows us to appreciate the unique character of 8500 Executive Park Avenue and its surroundings, contributing to a more comprehensive understanding of its current significance.
Early Settlement and Development
The area’s early history is marked by the gradual influx of settlers, initially focused on agricultural pursuits. Small farms and homesteads dotted the landscape, contributing to the rural character of the region. As the 20th century dawned, the area began its transformation into a more urbanized space. This transition was largely driven by the growth of industries and the expansion of transportation networks.
Key Infrastructure Developments
The development of the surrounding infrastructure played a pivotal role in shaping the area. Roads, transportation links, and utilities were progressively enhanced, making the area more accessible and facilitating its economic growth. This expansion, often spurred by local initiatives and government support, significantly impacted the daily lives of residents and businesses.
Significant Historical Events
Several significant historical events influenced the area’s development. These events, ranging from the construction of key roadways to the establishment of pivotal institutions, left an indelible mark on the neighborhood’s identity and character. These events highlight the dynamism and resilience of the community.
Key Historical Milestones
| Year | Event | Impact |
|---|---|---|
| 1950s | Initial development of residential areas and businesses | Marked the beginning of the area’s transition from rural to suburban. |
| 1960s-1970s | Construction of major highways and transportation networks | Enhanced accessibility and spurred economic growth. |
| 1980s-1990s | Expansion of commercial activities and office parks | Transformed the area into a significant business hub. |
| 2000s-Present | Emphasis on mixed-use development and community amenities | Balanced the area’s business focus with residential needs and leisure activities. |
Evolution of the Neighborhood
The neighborhood has undergone a noticeable evolution, moving from a predominantly residential area to a more mixed-use environment. This shift reflects changing demographics, economic trends, and evolving community priorities. This transition is a testament to the community’s adaptability and resilience.
