Medical Offices /VA /Northampton County /Nassawadox /7114 Lankford Hwy
Medical Offices /VA /Northampton County /Nassawadox /7114 Lankford Hwy

7114 Lankford Hwy - Medical FOR SALE


Nassawadox, VA 23413 | 
$775,000 USD
757-787-2712
7114 Lankford Hwy, Nassawadox, VA for Sale
$775,000 USD
Medical - FOR SALE
1/11
null | 6.9% Cap Rate
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7114 Lankford Hwy
Nassawadox, VA 23413

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HIGHLIGHTS

  • 40-year government tenant
  • New 5-year lease as of April 2025
  • May 2025 appraisal: $825,000

OVERVIEW

• Prime investment property. • Tenant is state's health department. Building was built and periodically updated for this 40-year tenant. • New five-year lease signed in April 2025. • Appraised May 2025 at $825,000. • High visibility; Highway frontage • Exam rooms, testing lab, records, etc.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

Commercial

APN/PARCEL ID

21A2-7-A

ASK ABOUT THIS PROPERTY

Joseph CaffreyColdwell Banker Harbour RealtyMore Info
757-787-2712

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Joseph CaffreyColdwell Banker Harbour RealtyMore Info
757-787-2712

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

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