Dulles South I & II

Avison Young’s U.S. Capital Markets Group, the exclusive advisor to the Owner, is pleased to present the opportunity to acquire the Dulles South I & II (the “Properties”), two single story professional office properties located in Chantilly, VA at the entrance to Sullyfield Business Park. The two buildings total 38,502 square feet of small suite, single story office space cate ring to small professional services firms and medical offices.

The Property has a proven track record of consistently high occupancy levels and is currently 100% leased. There are twenty-one (21) tenants in-place with the average tenant size of approximately 1,800 square feet. Dulles South I & II provides new ownership with a rare opportunity to achieve outsized returns at a fully stabilized asset through marking rents to market. Fifty-six percent (56%) of the tenants currently pay below market rents. The weighted average rents at both Properties currently $4.83 per square foot below the market’s average rent of $23.25 per square foot (FS). Dulles South I & II’s weighted average lease term is 1.73 years, providing a clear path to near term value enhancement through leasing, with limited capital contributions required for tenant improvements.