Office Portfolio For Sale | 95% Leased
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Office Portfolio For Sale | 95% Leased
2 Office Properties Offered at $3,300,000 in King George, VA
Investment Highlights
- 2.78 Acre Parcel with 2 Freestanding Office Buildings for Sale
- Great Investment Opportunity
- 2 miles from King George Gateway Shopping Center
- Multi-Tenant, 95% Leased
- 3 Miles from Naval Support Facility Dahlgren
- Less than 5 miles from the 301 bridge, slated for improvements in 2022
Executive Summary
Hillcrest Office Park located at 6065-6131 James Madison Pkwy is a 2.78 acre parcel with 2 freestanding office buildings in King George,VA. Available for sale, both buildings are multi-tenant and in excellent condition. The buildings are 95% leased by long term tenants. Great Investment Opportunity! Notable recent improvements include a SCIF room and a Fire Alarm & Card Entry Security System added in 2020, New roof in 2019, Sealed & Striped parking lot in 2019, Remodeled multiple spaces and restrooms in 2021. Most HVAC units are less than 5 years old.
Located on James Madison Parkway in King Georgs, VA just 3 miles from the gate of Naval Support Facility Dahlgren with over 11,000 daytime employees. Appx 2 miles from King George Gateway Shopping Center and Dahlgren Educational & Research Center operated by the University of Mary Washington.
Located on James Madison Parkway in King Georgs, VA just 3 miles from the gate of Naval Support Facility Dahlgren with over 11,000 daytime employees. Appx 2 miles from King George Gateway Shopping Center and Dahlgren Educational & Research Center operated by the University of Mary Washington.
Property Facts
| Price | $3,300,000 | Number of Properties | 2 |
| Price / SF | $193.07 / SF | Individually For Sale | 0 |
| Cap Rate | 7.98% | Total Building Size | 17,092 SF |
| Sale Type | Investment | Total Land Area | 2.60 AC |
| Status | Active |
| Price | $3,300,000 |
| Price / SF | $193.07 / SF |
| Cap Rate | 7.98% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,092 SF |
| Total Land Area | 2.60 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6073-6131 James Madison Pky, King George, VA 22485 | Office | 3,400 SF | 1981 | - |
| 6065 James Madison Pky, King George, VA 22485 | Office | 13,692 SF | 1981 | - |
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Office Portfolio For Sale | 95% Leased
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