Pinecrest Office Building - JMC Investment Trust Company

Pinecrest Office Park
4613 Pinecrest Office Park Dr., Unit A~H, Annandale (Alexandria), VA 22312
Executive Summary
Pinecrest Office Park is located at the
intersection of Little River Turnpike and
Braddock Road in Annandale (Alexandria),
Virginia.
Accessibility and visibility at Pinecrest Office
Park is exceptional from the intersection of Little
River Turnpike and Braddock Road, or Interstate-
495 and 395. There are two main entrances to the
Pinecrest Office Park, one from Little River
Turnpike and the other from Braddock Rd.
Pine Crest Office Park consists of six buildings and each building contains approximately 11,736 square
feet of eight office condo units. Each building has four office condominiums on the first floor, which is 5,
868 square feet, and the other four units on the second floor, which is about the same space as first floor,
but two unit contain a balcony each.
Pinecrest Office Park generates significant income from the property despite two vacant spaces on the
second floor, but expect to be filled within very short period of time.
The owner of the property wants to sell all eight condo units as one to the purchaser and the price has been
adjusted to $275 per square foot, which is below current market demand price. The current market price is
about $350 ~$400 per square foot in Annandale.
Pincrest Office Park has incredible upside and business opportunities when it's sold as an individual office
condo unit.
The population within 3 miles radius from the Pinecrest Office Park is about 265,000 people and the
Average Household Income is about $107,300.00.
The community has enough quality workers and infrastructure to accommodate white-colar work forces
and demand is very high for office buildings, especially, office condominiums. Therefore, Pinecrest Office
Park has high potential now and in the future and the Pinecrest Office Park is an outstanding long-term
investment opportunity.
According to the CLARITAS Inc., a company that researches demographics and provides information for
the government and private sectors, the population is consistently growing and it has well mixed Race
Classification. The population within a five-mile radius is projected to grow an additional 6.31% by 2008.
Pinecrest Office Park is situated within Washington DC Metropolitan towns and cities, and it has very good
development potentials in the future.
JMC Investment Trust Company
Commercial Real Estate Services
11480 Foxclove Road, Suite 210, Oakton, VA 22124
O: 703-758-5500 C: 703-674-8900 F: 703-715-0038 www.jmc-investment.com E-Mail: jmcrealty@cox.net