Ariya Chiropractic Building 3507 Boulevard
4,670 SF 100% Leased Office Building Colonial Heights, VA 23834 $1,225,545 ($262.43/SF) 7.25% Cap Rate



EXECUTIVE SUMMARY
Remaining Term: 12.5 Years
Lease Structure: NNN
Building Type: Medical Office
Year Built: 2009
Rental Rate: $14.21/PSF, NNN
Purchase Price: $1,225,545
Lease Structure: NNN
Building Type: Medical Office
Year Built: 2009
Rental Rate: $14.21/PSF, NNN
Purchase Price: $1,225,545
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,670 SF
Building Class
B
Year Built
2009
Price
$1,225,545
Price Per SF
$262.43
Cap Rate
7.25%
NOI
$88,852
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,335 SF
Building FAR
0.27
Lot Size
0.40 AC
Zoning
B1
Parking
20 Spaces (4.28 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 of 1
PROPERTY TAXES
Parcel Number | 0400-07-00-002 | Improvements Assessment | $329,800 |
Land Assessment | $306,300 | Total Assessment | $636,100 |