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15054 Conference Center Drive | Chantilly Land Site Proximate To NRO

15050 Conference Center Dr Chantilly, Virginia United States 20151-3857
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2000
Building Area Gross
Land Area Gross ()

Property description

Jones Lang LaSalle, Inc. (“JLL”), as exclusive representative for Owner, is pleased to present this opportunity to purchase 15054 Conference Center Drive (the “Property”), a 9.41 acre, mission-critical development site immediately across from the National Reconnaissance Office (“NRO”) in Chantilly, Virginia. I-4 zoning permits the by-right development of a wide range of industrial uses such as data center, scientific research, offices, medium-intensity production of goods, and related supply and supporting nonresidential activities. With a maximum by-right FAR of 0.5 (0.7 FAR with Special Exception), the 410,284 SF site can support up to 205,142 GSF of development without going through an entitlement process. The site is approved for a 6-story, 143,667 GSF (123,565 RSF) office building.


Strategically located in the cyberintelligence hub of Westfields, the Property benefits from immediate proximity to federal demand drivers including the National Reconnaissance Office (“NRO”), FBI’s Mission Ridge, and the CIA’s Park Center. Fueled by increasing federal investment in the cybersecurity space, this submarket lends itself to government contractors that require direct fiber-optic connectivity and accessibility to the nation’s epicenter of cyber technology and innovation. The Property also has exceptional accessibility to Dulles International Airport, which is only a 10-minute drive up Route 28.

Investment highlights

  • 9.41 Acre, 410,284 SF Development Site Immediately Across from the NRO​​​​​​​
  • Flexible Business Plan with I-4 Zoning; By-right Development of Data Center, Office, and Industrial
  • Approved for a 6-Story, 143,667 GSF (123,565 RSF) Office Building
  • Unfettered Access to Key Federal Demand Drivers - National Reconnaissance Office (“NRO”), FBI, and CIA
  • Situated in a Growth Hub for Cybersecurity, Information Technology, and Defense Industries; Majority of Neighboring Tenants Working Awarded Government Contracts
  • Strong Live-Work-Play Environment Cultivated Through New Mixed-Use Developments, Including a Wegman’s Anchored Shopping Center and The Preserve at Westfields
  • Convenient Vehicular Accessibility to Route 28, Route 66, Route 50, and the Dulles Toll Road (Route 267); 10-Minute Drive from Dulles International Airport (“IAD”)
  • Free and Clear of Existing Debt
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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