Fairfax, VA Overview

Fairfax, VA sits just south of Washington D.C. and has a population of roughly 1 million, making it the most populated county in the Commonwealth of Virginia. It is host to a diverse community of residents and attracts visitors from all over the world. And one thing is certain, Fairfax is a wealthy county. In fact, Fairfax County was the first in the United States to achieve a six-figure median household salary. Its inhabitants enjoy a high standard of living and renowned public schools.

Many come to Fairfax County for jobs in various intelligence agencies, as several are headquartered in Fairfax. These include: The Central Intelligence Agency, The National Geospatial Intelligence Agency, The National Reconnaissance Office and The Office of the Director of National Intelligence. There are also several Fortune 500 companies in Fairfax County that bring employment opportunities and incentive to live in the area for those looking at prospective counties to call home.

To summarize the population of Fairfax County, Virginia simply: it is made-up of hardworking and high-earning government and business professionals; people who enjoy cosmopolitan Washington D.C., combined with the space that living in Virginia offers and the sophistication of a Fairfax County lifestyle.

Commercial Real Estate Variety in Fairfax County, Virginia

Commercial real estate in Fairfax County is unique due to the sheer diversity of opportunities and markets available; within Fairfax County there are 17 submarkets available for investors to pursue commercial real estate. This means that no matter what type of commercial real estate an investor is interested in, be it a hotel for traveling business executives or an office space for a thriving company, each one of the submarkets has something unique to offer.

Virtual Fairfax gives prospective investors to tour the submarkets and get a 3-D layout of the region to better understand which area might work for them.

Commercial Real Estate Market Outlook

Hotels

Currently, Fairfax has 99 hotels in service. With so many hotels and so many people continuously traveling to the region, the hotel market will remain competitive.

Retail

Fairfax County currently has five major shopping centers, which provide plenty of opportunities for retail commercial real estate investments. In a county that has a six-figure median household income, retail investments are not going anywhere! And businesses such as Gleneagles Securities are there to help out with investments like this.

Offices

Fairfax County is the second largest region in the United States for the suburban office market-and with convenient proximity to Washington D.C. and lower prices than properties in the city, it is clear why.

Any way that you look at it, Fairfax County, Virginia is thriving. With concrete government entities headquartered there, in conjunction with large, successful companies, it will remain a professional epicenter. Professionals will always need office spaces, hotels and retail options-in turn granting a stable environment for commercial real estate investors to trust!