285 Hydraulic Ridge Rd - Medical FOR SALE
Charlottesville, VA 22901 |
285 Hydraulic Ridge Rd
Charlottesville, VA 22901
HIGHLIGHTS
- Stabilized Investment opportunity strategically located at a prominent corner intersection across from Albemarle High School.
- 100% leased to strong mix of local and national credit tenants
- Renovations were performed by reputable local firms with architecture by Design Develop and construction by Lee Construction Group
- Currently improved with a one-story commercial hybrid office / medical / flex building consisting of 9,641 RSF
- Opportunity to capitalize on solid appreciation in the Charlottesville commercial market
- Strong rent growth with annual contract rental escalations for all Tenants
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Plaza 285
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
10032
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
47
LAND DETAILS
LAND ACRES
1.24 AC AC
LAND SF
53,971 SF
ZONING
-
APN/PARCEL ID
06100-00-00-02500
