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230-238 Airport Rd - Aviation Business Center East
2,917 SF Office Condo Unit Offered at $516,014 in Winchester, VA 22602
Executive Summary
Fully lease, single tenant Investment for sale, 2917 SF office, leased by excellent credit tenant, Michael Baker International, through August 2025. Tenant has been in place for three years already. Super clean office space with excellent parking in a well-built business park. 6.8% CAP. Purchase price is $516,014 for Unit B. Ideal 1031 buy and hold investment or end user looking for next year's Q3 occupancy!
Property Facts
| Price | $516,014 | Building Class | A |
| Unit Size | 2,917 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 3,500 SF |
| Total Building Size | 45,000 SF | Year Built | 2007 |
| Property Type | Flex (Condo) | Lot Size | 5.33 AC |
| Sale Type | Investment | Parking Ratio | 10/1,000 SF |
| Price | $516,014 |
| Unit Size | 2,917 SF |
| No. Units | 1 |
| Total Building Size | 45,000 SF |
| Property Type | Flex (Condo) |
| Sale Type | Investment |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 3,500 SF |
| Year Built | 2007 |
| Lot Size | 5.33 AC |
| Parking Ratio | 10/1,000 SF |
1 Unit Available
Unit 230-B
| Unit Size | 2,917 SF | Sale Type | Investment |
| Price | $516,014 | Cap Rate | 7.00% |
| Price Per SF | $176.90 | NOI | $36,120.98 |
| Condo Use | Office |
| Unit Size | 2,917 SF |
| Price | $516,014 |
| Price Per SF | $176.90 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $36,120.98 |
Description
Modern, all brick office condo for sale. Well maintained, fully occupied.
Sale Notes
Prime investment opportunity. NNN lease in place through 2025.
zoning
| Zoning Code | M1 |
| M1 |
Presented by
230-238 Airport Rd - Aviation Business Center East
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