For Sale
For Sale
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Year Built
2007
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Overview
Modern four-story office/medical building located in the heart of the Centreville Business District. Right off of I-66 and within one mile of RT 28. This location has abundant parking and is in close proximity to many restaurants, gas stations, day care centers, spas, post offices and more. Great investment opportunity! 3-year sale-leaseback with lease running through February 2023. These contiguous office/medical condos are aggressively priced below other identical spaces within the building. Opportunity to buy now at a steep discount, receive stable rental income during the projected downturn of 2021-2022, and then potentially sell at a premium when the market is projected to fully recover by 2023.
Property Details
Modern four-story office/medical building located in the heart of the Centreville Business District. Right off of I-66 and within one mile of RT 28. This location has abundant parking and is in close proximity to many restaurants, gas stations, day care centers, spas, post offices and more. Great investment opportunity! 3-year sale-leaseback with lease running through February 2023. These contiguous office/medical condos are aggressively priced below other identical spaces within the building. Opportunity to buy now at a steep discount, receive stable rental income during the projected downturn of 2021-2022, and then potentially sell at a premium when the market is projected to fully recover by 2023.
- Property TypeOffice
- Submarket
- Year Built2007
- Sale Price$595,000
- Total Building Size2,632RSF
- Building ClassB
- Sale StatusAvailable
- Property ID2192643