9420 Forestwood Ln - Medical CONDO FOR SALE


Manassas, VA 20110
$2,700,000 USD
703-863-1895
9420 Forestwood Ln, Manassas, VA for Sale
$2,700,000 USD
Medical CONDO - FOR SALE
1/16
null | 5.37% Cap Rate

9420 Forestwood Ln
Manassas, VA 20110


OVERVIEW

Four first-floor office condos totaling 9,981 SF (full floor minus common area lobby) leased to DaVita Dialysis on a NNN basis. This nationally recognized medical tenant has occupied the space since 2015 and recently exercised the first of three 5-year renewal options, extending their lease through 5/31/2030. The current monthly rent is $12,077.01, reflecting a 10% escalation per the lease terms. Annual net operating income is $144,924, resulting in a 5.37% cap rate. An excellent opportunity to acquire a stable, long-term healthcare investment. Located just off Sudley Rd. in established office park. Less than three quarters of a mile from Novant UVA Prince William Medical Center and just 1.5 miles from the PWC Courthouse. Less than 2 miles to Old Town Manassas shops & restaurants! This property is located within a qualified Opportunity Zone!

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

5.37%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

19,962 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,858 SF

ZONING

B-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian SnookWeber Rector Commercial Real Estate ServicesMore Info
703-863-1895

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Brian SnookWeber Rector Commercial Real Estate ServicesMore Info
703-863-1895

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