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Mayland II 9816 Mayland Dr

13,331 SF 100% Leased Office Building Richmond, VA 23233 $5,776,767 ($433/SF) 6% Cap Rate

Medical Offices Virginia Richmond 9816 Mayland Dr, Richmond, VA 23233

Investment Highlights

  • Absolute NNN Lease with Annual Increases
  • Well Established Medical Practice
  • 10+ Years of Term with Options

Executive Summary

› 13,331± SF Single Tenant Medical Office Building
› New 11± Year Lease with Options
› Excellent Location within a Class-A Medical Corridor
› ±7 parking spaces/1,000 SF with Existing Easement
› Lease Rate: $26.00/SF, Absolute NNN
› 3% Annual Rent Increases

Attachments

Mayland Flyer_2024

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
13,331 SF
Building Class
B
Year Built
2001
Price
$5,776,767
Price Per SF
$433
Cap Rate
6%
NOI
$346,606
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,331 SF
Building FAR
0.22
Lot Size
1.42 AC
Zoning
O-2
Parking
61 Spaces (4.58 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 753-757-6051 Improvements Assessment $1,148,500
Land Assessment $256,900 Total Assessment $1,405,400

PROPERTY TAXES

Parcel Number
753-757-6051
Land Assessment
$256,900
Improvements Assessment
$1,148,500
Total Assessment
$1,405,400
(804) 356-9376

Contact

  • Listing ID: 34063389

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 9816 Mayland Dr, Richmond, VA 23233

More public record information on 9816 Mayland Dr, Richmond, VA 23233

The Office Property at 9816 Mayland Dr, Richmond, VA 23233 is currently available for sale. Contact Peck Properties LLC for more information.

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Mayland II | 9816 Mayland Dr
(804) 356-9376 x

Mayland II | 9816 Mayland Dr

Joshua Peck, CCIM

(804) 356-9376

(804) 356-9376

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