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7300 Hanover Green Dr

18,000 SF 100% Leased Office Building Mechanicsville, VA 23111 $2,099,000 ($117/SF) 5.96% Cap Rate

Executive Summary

This approximately 18,000 sq. ft. office building provides various workspace options, including private office suites as well as individual offices. The building offers flexible office spaces to accommodate various business sizes and requirements. The building offers a near 100% occupancy rate maintained for the past two years. The building suites are currently fully occupied. The individual suites present an opportunity for additional revenue of $26,700.
Don’t miss out! Contact us today for more information or to schedule a viewing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,000 SF
Building Class
B
Year Built
1998
Price
$2,099,000
Price Per SF
$117
Cap Rate
5.96%
NOI
$125,158
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,000 SF
Slab To Slab
11’
Building FAR
0.66
Lot Size
0.63 AC
Zoning
B-1, B-2
Parking
73 Spaces (5.64 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8704-85-4719
Land Assessment
$220,300
Improvements Assessment
$409,600
Total Assessment
$629,900
  • Listing ID: 34369870

  • Date on Market: 1/4/2025

  • Last Updated:

  • Address: 7300 Hanover Green Dr, Mechanicsville, VA 23111

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