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22636 Glenn Dr - Sterling Crossroads 1

1,000 SF Office/Medical Condo Unit Offered at $225,000 in Sterling, VA 20164

Investment Highlights

  • Corner Unit
  • Reserved Parking
  • Natural Lighting
  • Great Location

Executive Summary

Fantastic opportunity for an investor looking for a turn-key property with a tenant in place. Current tenant has been occupying for the past 3 years and would like to sign a long term lease with the new owner. They are currently month to month. In the event the new owner wants to occupy the space they will vacate. This is an end unit full of natural light with windows in every office. The carpet and paint was done within the past 5 years and is in excellent condition. This unit has a wet bar area and full bath including shower. HVAC was replaced within the past 8 years. 2 assigned parking spaces out front with plenty over unassigned overflow parking at the end of the parking lot. Excellent location off Rt. 28 and Sterling Blvd. in the middle of Data Center Alley. MUST CALL FOR A PRIVATE TOUR - DO NOT DISTURB CURRENT TENANT.

Property Facts

Price $225,000
Unit Size 1,000 SF
No. Units 1
Total Building Size 36,000 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment or Owner User
Building Class B
Floors 3
Typical Floor Size 12,000 SF
Year Built 1989
Parking Ratio 3.5/1,000 SF
Opportunity Zone Yes

1 Unit Available

Unit 201

Unit Size 1,000 SF
Price $225,000
Price Per SF $225.00
Condo Use Office/Medical
Sale Type Investment or Owner User
Cap Rate 5.50%
NOI $12,375
No. Parking Spaces 2
Description

Fantastic opportunity for an investor looking for a turn-key property with a tenant in place. Current tenant has been occupying for the past 3 years and would like to sign a long term lease with the new owner. They are currently month to month. In the event the new owner wants to occupy the space they will vacate. This is an end unit full of natural light with windows in every office. The carpet and paint was done within the past 5 years and is in excellent condition. This unit has a wet bar area and full bath including shower. HVAC was replaced within the past 8 years. 2 assigned parking spaces out front with plenty over unassigned overflow parking at the end of the parking lot. Excellent location off Rt. 28 and Sterling Blvd. in the middle of Data Center Alley. MUST CALL FOR A PRIVATE TOUR - DO NOT DISTURB CURRENT TENANT.

Amenities

  • Air Conditioning
  • Smoke Detector

zoning

Zoning Code PD-IP (Planned Development - Industrial Park. Light and medium industrial uses in office park setting.)
PD-IP (Planned Development - Industrial Park. Light and medium industrial uses in office park setting.)
  • Listing ID: 32322267

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 22636 Glenn Dr, Sterling, VA 20164

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