4609 Pinecrest Office Park Dr - Medical CONDO FOR SALE


Alexandria, VA 22312- Lincolnia
$785,000 USD
703-734-2822
4609 Pinecrest Office Park Dr, Alexandria, VA for Sale
$785,000 USD
Medical CONDO - FOR SALE
1/115
null | 7.7% Cap Rate

4609 Pinecrest Office Park Dr
Alexandria, VA 22312
Lincolnia


HIGHLIGHTS

  • 7.7% Cap Rate, NNN Lease
  • Dental Lab Space w/ Nuvia Dental, NNN Lease
  • 7 year term, expiring March 31, 2030
  • 3% annual escalations

OVERVIEW

K & M Commercial as the exclusive brokerage firm is happy to present this NNN medical investment property w/ a 7.7% cap rate. Occupied by Nuvia Dental Implants and Lab. Newly built out medical and dental office located on the first level at Pinecrest Office Park. 7 year term w/ 4+plus years remaining on lease term. Annual 3% escalation's w/ all responsibilities' on Tenant. One, 3 year option in place.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$649 USD /SF

CAP RATE

7.7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

16,600 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C-2 (Limited Office)

APN/PARCEL ID

0721-2803-A1,0721-2803-E,0721-2803-H

ASK ABOUT THIS PROPERTY

Kayvan MehrbakhshK&M Commercial Real EstateMore Info
703-734-2822

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Kayvan MehrbakhshK&M Commercial Real EstateMore Info
703-734-2822

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