216 Industrial Ct - Warehouse FOR SALE


Fredericksburg, VA 22408
$1,395,000 USD
540-842-6202
216 Industrial Ct, Fredericksburg, VA for Sale
$1,395,000 USD
Warehouse - FOR SALE
1/2
null | 6.98% Cap Rate

216 Industrial Ct
Fredericksburg, VA 22408


OVERVIEW

100% Leased to Rappahannock Electric Cooperative (REC) – A trusted, member-owned utility serving 179,000+ connections across 22 Virginia counties. Stable Income with Growth – Lease option through January 31, 2027, featuring 3% annual rent increases for built-in revenue growth. Strategic Location – Situated in Spotsylvania Industrial Park, offering excellent access to major business corridors and infrastructure. Functional Office/Flex Layout – Includes 6 private offices, a conference room, a bullpen area (17' x 24.5'), and a 660 SF storage room. Attractive Investment Opportunity – Fully leased asset with secure cash flow and rent escalations, ideal for investors

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

6.98%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased 216 Industrial Court

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

R&D, undefined, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

I-1

APN/PARCEL ID

23G-1-10

ASK ABOUT THIS PROPERTY

Donny Self CCIMColdwell Banker Commercial EliteMore Info
540-842-6202

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Donny Self CCIMColdwell Banker Commercial EliteMore Info
540-842-6202

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