205 Brick Kiln Rd - Warehouse FOR SALE


Winchester, VA 22601
$2,200,000 USD
540-247-1756
205 Brick Kiln Rd, Winchester, VA for Sale
$2,200,000 USD
Warehouse - FOR SALE
1/79
null | 4.2% Cap Rate

205 Brick Kiln Rd
Winchester, VA 22601


HIGHLIGHTS

  • 24,753 +/- SF Multi-Tenant Industrial Asset on 1.2 Acres
  • Rare M-2 Zoning near the Winchester City/Frederick County Line
  • Current NOI of $92,499.96 with Significant Upside to $196,791.96 Upon Lease Up
  • 11,600 +/- SF Vacant Suite Offers Immediate Value-Added Opportunity
  • Function Industrial Layout with 3-Phase Power, Loading, and On-Site Parking

OVERVIEW

OakCrest Commercial is pleased to present the opportunity to acquire an industrial property located at 205 Brick Kiln Road in Winchester, Virginia. The property consists of approximately 24,753 ± square feet situated on 1.2 acres and benefits from rare M-2 zoning near the Winchester City/Frederick County line. The asset is offered for sale at $2,200,000. The building is configured into three suites totaling approximately 24,753 ± SF, with one suite currently vacant. The available suite comprises approximately 11,600 ± SF and features a functional industrial/flex layout, including approximately 1,800 ± SF of office/mezzanine and 9,800 ± SF of warehouse space. The space includes loading, 3-phase power, and on-site parking, making it well suited for contractor, service, light production, or distribution users. The property currently generates $92,499.96 in-place NOI, reflecting income from the two occupied suites. The vacant suite is not contributing income at this time but represents a near-term lease-up opportunity. Upon stabilization, assuming lease-up at the current asking rent of $8,691 per month on a triple net basis, the property is projected to generate $196,791.96 in NOI. This offering presents an opportunity to acquire an asset with current cash flow and meaningful upside through lease-up, with flexibility for both investors and potential owner-users.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

4.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

UTILITIES

-

CLEAR CEILING HT

17.5 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1.36

LAND SF

59,242

ZONING

M2

APN/PARCEL ID

54A-55

ASK ABOUT THIS PROPERTY

Brett HaynesOakCrest Commercial Real EstateMore Info
540-247-1756

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brett HaynesOakCrest Commercial Real EstateMore Info
540-247-1756

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.