Description
7665 Lorton Road is a vacant congregate housing facility most recently used for assisted living. The four-story brick building has an elegant façade with architecture and massing that resembles a large single-family home. The building prominently fronts Richmond Highway with access from Lorton Road. A slate roof and palladium windows add elegance to the high-end exterior architecture.
The building was recently approved for behavioral health services focused on alcohol and substance abuse. The special exception and building permit approvals provide for 40 beds with 24 hour staff.
Investment Highlights
Close In Fairfax County Environment 7665 Lorton Road is located in the center of a mature, highly desirable Fairfax County location. Lorton boasts an excellent housing market, strong retail options, and large employment centers including Fort Belvoir.
Transportation 7665 Lorton Road is located within a mile of 1-95 and just a few miles from the Lorton Amtrak and VRE stations. Commuting access to other parts of Northern Virginia and Washington DC are excellent.
Discount to Replacement Cost 7665 Lorton Road represents an excellent value and significant discount to replacement cost. For a behavioral health use, the total cost including capital expenditures is less than half the cost to construct a new facility in this location.
Inside the main entrance to the building administrative offices, a visitor living room and lounge are found on the first floor creating a non-institutional and welcoming ambiance. A grand staircase leads to the second floor, reflecting the design of a large single-family home. The second floor includes patient rooms plus a dining area, library, and dietary center. Floors three and four are patient rooms with accessory staffing areas. All four floors are served by an elevator.
7665 Lorton Road is located at the intersection of Lorton Road and Richmond Highway in Lorton, Virginia. The site is east of I-95, just two miles from the main gate to Fort Belvoir. This area of Fairfax County is highly desirable for all types of development due to its strong demographics, stable employment, and exceptional transportation network.
Lorton has always been a sought after housing location due to the Fairfax County address and excellent transportation network. More recently, significant development projects including Lorton Station and Liberty, the redevelopment of the Lorton Reformatory, have greatly expanded the variety of housing, retail, and commercial options.
Given the property’s location on Richmond Highway (Route 1), numerous retail destinations are close-by. Immediately south of the property is Gunston Plaza, a 185,000 square foot shopping center anchored by Food Lion, Golds Gym, and Learning Tree. A drive through Walgreens is immediately north of the property, and a Wegmans grocery store is a few miles away. Lorton Station, the location of the VRE train station at 8900 Lorton Station Boulevard, is a planned community with extensive retail and residential offerings located less than two miles from the property. The VRE services Union Station as well as the Springfield Franconia Metro station and provides multiple communiting options into the District and other areas of Northern Virginia. The Lorton Amtrak station is also just a few miles from the property and serves as the northern terminus for Amtrak’s Auto Train. Finally, the 100-year-old Lorton Reformatory is being redeveloped as Liberty, a $190 million mixed-use community with a variety of builders and housing styles.