8051 Prosperity Way - Office FOR SALE


Ruther Glen, VA 22546
$3,150,000 USD
865-258-6433
8051 Prosperity Way, Ruther Glen, VA for Sale
$3,150,000 USD
Office - FOR SALE
1/14
null | 8.15% Cap Rate

8051 Prosperity Way
Ruther Glen, VA 22546


HIGHLIGHTS

  • Prime I-95 location between Richmond and Fredericksburg in a high-growth corridor with 3,500+ homes planned and major employers nearby.
  • 100% leased medical/office asset to Mary Washington Healthcare and Health Connect America (KEYS Academy), providing stable, essential-service tenancy.
  • Strong demand fundamentals driven by $575M+ in regional healthcare and government investment.
  • High-visibility Route 1 frontage near retail, dining, and daily services.

OVERVIEW

Marcus & Millichap is pleased to present the Offering Memorandum for 8051 Prosperity Way, a 16,800-square-foot, two-story, fully leased office/medical building located in Ruther Glen, Virginia. The property delivers stable cash flow from two long-term tenants with contractual rent escalations and is strategically positioned in the growing Ladysmith submarket between Richmond and Fredericksburg. The first floor is leased to MEDICORP, the real estate arm of Mary Washington Healthcare, a nonprofit regional healthcare system founded in 1899. Mary Washington Healthcare operates two hospitals with a combined 571 beds, multiple emergency departments, and more than 50 healthcare and wellness facilities, providing strong credit characteristics and essential-service tenancy. The second floor is occupied by Health Connect America (KEYS Academy), a multi-state provider of behavioral and mental health services, including a licensed K–12 special education day school. Located in an underserved and rapidly developing corridor, the property benefits from strong tenant demand, scheduled rent growth, and expanding regional investment—making 8051 Prosperity Way a compelling opportunity offering secure income and long-term growth potential.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 1

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.73 AC

LAND SF

162,479 SF

ZONING

B1

APN/PARCEL ID

52D-2-15

ASK ABOUT THIS PROPERTY

Kristina ErmyakinaMarcus & MillichapMore Info
865-258-6433

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Kristina ErmyakinaMarcus & MillichapMore Info
865-258-6433

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