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2235 Cedar Ln
2,500 SF Medical Condo Unit Offered at $950,000 in Vienna, VA 22182
Investment Highlights
- Cap rate over 7%
- Prime location
- Fully occupied building
- Great floor plan with bathrooms, laundry room, and sinks.
- Plenty of parkings
Executive Summary
This 2,500 square foot medical office presents a prime opportunity for businesses in search of a strategic and accessible location, Or investors seeking great returns. Currently configured as a sleep study center, The unit includes a welcoming waiting room, a receptionist area, three private offices, a lab/technician room with a sink, a kitchen with a sink, a laundry closet with hookups, and three bedrooms, each with its own en-suite full bathroom. With windows on three sides, the space is bright and airy, complemented by a sprinkler system, beautiful wood and tile flooring. The brick building features secure access, an elevator, bathrooms on each level, and ample parking. Condo fee covers Electricity, Water/Sewer, Gas, Heating and AC in addition to common area maintenance, building insurance etc. Located just minutes from Metro stations, Tysons Corner, Fairfax Hospital, and I-495, it offers easy access for clients and employees alike. With a vibrant community and excellent amenities, along with close proximity to Washington D.C., this location is an attractive proposition for businesses of all sizes. The surrounding area boasts a variety of retail, dining, and recreational options, further enhancing the appeal of this office space. Whether you are looking to establish a new presence or expand your current operations, this location offers a valuable opportunity. The lease extends until January 2027 with a return over 7% based on a $950K sales price. The office can continue to operate as a sleep study center, or it can be transformed into a dental practice, spa, or any other professional office use.
Property Facts
1 Unit Available
Unit 201
Unit Size | 2,500 SF | Cap Rate | 7.22% |
Price | $950,000 | NOI | $68,590 |
Price Per SF | $380.00 | No. Parking Spaces | 30 |
Condo Use | Medical | Sale Conditions | 1031 Exchange, Sale Leaseback, Lease Option |
Sale Type | Investment or Owner User |
Unit Size | 2,500 SF |
Price | $950,000 |
Price Per SF | $380.00 |
Condo Use | Medical |
Sale Type | Investment or Owner User |
Cap Rate | 7.22% |
NOI | $68,590 |
No. Parking Spaces | 30 |
Sale Conditions | 1031 Exchange, Sale Leaseback, Lease Option |
Description
This 2,500 square foot medical office presents a prime opportunity for businesses in search of a strategic and accessible location, Or investors seeking great returns. Currently configured as a sleep study center, The unit includes a welcoming waiting room, a receptionist area, three private offices, a lab/technician room with a sink, a kitchen with a sink, a laundry closet with hookups, and three bedrooms, each with its own en-suite full bathroom. With windows on three sides, the space is bright and airy, complemented by a sprinkler system, beautiful wood and tile flooring. The brick building features secure access, an elevator, bathrooms on each level, and ample parking. Condo fee covers Electricity, Water/Sewer, Gas, Heating and AC in addition to common area maintenance, building insurance etc. Located just minutes from Metro stations, Tysons Corner, Fairfax Hospital, and I-495, it offers easy access for clients and employees alike. With a vibrant community and excellent amenities, along with close proximity to Washington D.C., this location is an attractive proposition for businesses of all sizes. The surrounding area boasts a variety of retail, dining, and recreational options, further enhancing the appeal of this office space. Whether you are looking to establish a new presence or expand your current operations, this location offers a valuable opportunity. The lease extends until January 2027 with a return over 7% based on a $950K sales price. The office can continue to operate as a sleep study center, or it can be transformed into a dental practice, spa, or any other professional office use.
Sale Notes
Lease until Jan 2027, Cap rate over 7%
Major Tenant Information
TENANT | SF OCCUPIED | LEASE END DATE |
---|---|---|
Sleep Disorder Centers of Mid-Atlantic | 2,050 SF | December 2026 |
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Bus Line
- Controlled Access
- Commuter Rail
- Metro/Subway
- Kitchen
- Central Heating
- Demised WC facilities
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Hardwood Floors
- Outdoor Seating
- Air Conditioning
zoning
Zoning Code | C-6, County (Light Retail Commercial) |
C-6, County (Light Retail Commercial) |
Presented by
2235 Cedar Ln
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