210 N 21st St - Flex FOR SALE


Purcellville, VA 20132- Outer Greenway-Dulles
$6,999,000 USD
703-261-4809
210 N 21st St, Purcellville, VA for Sale
$6,999,000 USD
Flex - FOR SALE
1/20
null | Request Cap Rate

210 N 21st St
Purcellville, VA 20132
Outer Greenway-Dulles


HIGHLIGHTS

  • Acquire a 27,685 SF industrial flex facility while benefiting from approximately $382,000 in gross annual income and $339,000 in NOI.
  • Short-Term Leases Provide Near-Term Occupancy Flexibility
  • Flexible multi-tenant layout allows an owner-user to occupy the space needed for operations while maintaining additional tenants for ongoing revenue.
  • Suitable for contractors, service companies, manufacturing, distribution, showroom, or headquarters use, with the ability to scale occupancy over time
  • Ability to acquire the neighboring 105 E Cornwell Street to create a larger owner-user campus environment and support future operational growth.

OVERVIEW

210 N 21st Street presents a rare opportunity for an owner-user to acquire a 27,685 square foot industrial flex facility in the heart of downtown Purcellville, Loudoun County, one of the most supply-constrained and desirable industrial submarkets in Northern Virginia. Situated on 3.52 acres and currently 95% occupied, the property offers immediate operational capability while providing flexibility for an owner-user to occupy space now or over time as leases roll. The building’s multi-tenant configuration allows a purchaser to establish their own headquarters, operational facility, or service center while maintaining existing tenancy to support the property’s financial performance. This offering provides long-term operational control in a strategic location where industrial ownership opportunities are extremely limited. A key advantage of this opportunity is the substantial in-place income, which can significantly offset ownership and occupancy costs. The property currently generates approximately $382,568 in gross annual income and $339,741 in net operating income from a diverse tenant base, providing immediate cash flow while allowing flexibility for future owner occupancy or expansion. This hybrid ownership structure allows a business to transition into the space strategically while benefiting from income stability during the transition period. Over time, an owner-user may choose to retain tenants for passive income, occupy additional space, or reposition portions of the building to suit their operational needs. The building’s industrial flex design supports a wide range of uses, including contractor operations, service companies, manufacturing, distribution, showroom, office, or headquarters functions. Its central Purcellville location provides convenient access to Route 7 and the broader Loudoun County market, which continues to experience strong population growth, high household incomes, and increasing demand for industrial and flex space. The property’s scale, layout, and location make it ideally suited for businesses seeking to establish a permanent presence in Western Loudoun while maintaining flexibility for long-term growth. This offering also presents a unique opportunity to create a larger owner-user campus environment through the potential acquisition of the adjacent property at 105 E Cornwell Street, which may be available separately. The pricing outlined herein reflects 210 N 21st Street only. For owner-users seeking to control their real estate, stabilize long-term occupancy costs, and benefit from immediate income, this property represents an exceptional opportunity to secure a high-quality industrial asset in one of Loudoun County’s most tightly held markets.

FOR SALE DETAILS

PRICE

$6,999,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Purcellville Industrial Flex Investment

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

3

PARKING SPACES

30

LAND DETAILS

LAND ACRES

3.52

LAND SF

153,331

ZONING

PV:C4

APN/PARCEL ID

488-47-2620

ASK ABOUT THIS PROPERTY

Grant WetmoreSerafin Real EstateMore Info
703-261-4809

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Grant WetmoreSerafin Real EstateMore Info
703-261-4809

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