Almost Heaven Spring Water Building | 20 McCarty Rd
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Almost Heaven Spring Water Building 20 McCarty Rd
4,900 SF Industrial Building Fredericksburg, VA 22405 $1,375,000 ($280.61/SF) 4.61% Cap Rate
INVESTMENT HIGHLIGHTS
- Multiple Uses permitted - please check Stafford Co Zoning for RC.
- Large corner lot with sufficient parking and egresses.
- Approx. 7.5 miles to I-95 Falmouth Exit.
EXECUTIVE SUMMARY
Tenant under lease until 8/31/2025 and has an extension they have exercised to 8/31.2029
Free Standing Industrial Building with Office and Mezzanine as well as additional outbuilding for storage.
Outbuilding has electric, lighting, and two Drive-Ins.
Two Docks, Two Drive-ins - with Drive Thru Capability.
Mezzanine adds approximately 1200 SF of Storage.
Please check Zoning Ordinance for RC and also reference Proffer in documents for restricted uses.
Outbuilding adds approximately 650 SF of Storage.
Landlord can terminate lease early with 120 days notice, once the extension kicks in the prior notice period changes to 150 days.
Cap Rate increases to over 5% at the ask price with the extension.
HVAC replaced in 2022
Free Standing Industrial Building with Office and Mezzanine as well as additional outbuilding for storage.
Outbuilding has electric, lighting, and two Drive-Ins.
Two Docks, Two Drive-ins - with Drive Thru Capability.
Mezzanine adds approximately 1200 SF of Storage.
Please check Zoning Ordinance for RC and also reference Proffer in documents for restricted uses.
Outbuilding adds approximately 650 SF of Storage.
Landlord can terminate lease early with 120 days notice, once the extension kicks in the prior notice period changes to 150 days.
Cap Rate increases to over 5% at the ask price with the extension.
HVAC replaced in 2022
PROPERTY FACTS
UTILITIES
- Water - County
- Sewer - Septic Field
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PROPERTY TAXES
| Parcel Number | 55-139U | Improvements Assessment | $303,800 |
| Land Assessment | $595,200 | Total Assessment | $899,000 |
PROPERTY TAXES
Parcel Number
55-139U
Land Assessment
$595,200
Improvements Assessment
$303,800
Total Assessment
$899,000
ZONING
| Zoning Code | RC (Rural Commercial) |
| RC (Rural Commercial) |
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Almost Heaven Spring Water Building | 20 McCarty Rd
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