1664 Pond Fork Rd - Office FOR SALE
Madison, WV 25130 |
$1,332,360 USD
614-653-3432
1664 Pond Fork Rd
Madison, WV 25130
HIGHLIGHTS
- New 10 Year (8 Firm) Lease Renewal Commenced in June 2022 | GSA Lease (U.S. Government credit, AA+ S&P) – Mine Safety and Health Administration (MSHA)
- $60,000 Recently Invested for New Roof Coating, New HVAC Units, New PVC Gutter Drains, All LED Lighting and an Electronic Door Lock
- GSA Invested Over $163,000 in Tenant Improvements For Paint and Carpet Upgrades in 2022
- 2022 Restroom Renovations, Roof Repairs & Replaced an HVAC Unit
- Strong Fit for Renewal & 10(8) Lease Allowed GSA to Accept This via AAAP, Expediting Procurement & Avoiding GSA’s Typical Ad & Survey LeaseAcquisition
- Seller Financing Available at 5% Interest Rate for Part of the Purchase | ADA Approved Facility
FOR SALE DETAILS
PRICE
$1,332,360 USD
PRICE/SF
$142 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
13.98 AC
LAND SF
608,969 SF
ZONING
Commercial
APN/PARCEL ID
01-3-00530006
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614-653-3432
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614-653-3432
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