Prime Medical Office Investment FOR SALE


Fork Union, VA
$1,225,000 USD
434-996-0310
, Fork Union, VA for Sale
$1,225,000 USD
FOR SALE
1/33
null | 7.01% Cap Rate

Prime Medical Office Investment
Fork Union, VA


HIGHLIGHTS

  • Long-term medical tenant to sign new 5-year NNN lease.
  • Fully leased four-unit apartment building included.
  • Hands-off investment with tenant-covered expenses.
  • Located on US-15 with strong visibility and access.
  • 50 on-site parking spaces and 3.19 acres of land.

OVERVIEW

This rare dual-asset investment opportunity at 4064 James Madison Hwy in Fork Union, Virginia, offers a compelling blend of healthcare stability and multifamily income. The property includes a well-maintained medical office building and a fully leased four-unit apartment building totaling 7,139, all situated on a 3.19-acre parcel with 50 dedicated parking spaces. The medical office is currently occupied by a long-standing general practitioner who will execute a new 5-year NNN lease upon sale, ensuring immediate, predictable cash flow. The facility includes nine exam rooms, administrative offices, a lab, nurses’ station, file room, kitchen/break area, and a welcoming reception area. The tenant will cover all operating expenses, including taxes, insurance, and maintenance, offering a hands-off investment profile. Adjacent to the medical office is a two-story multifamily building with three one-bedroom units and one two-bedroom unit. All apartments are fully occupied, with one recently renovated, and rents include utilities—providing additional, stable income. Located in Fluvanna County along the well-traveled James Madison Highway (US-15), the property benefits from strong visibility and accessibility. The B-1 zoning supports a variety of commercial uses, and the surrounding area includes residential neighborhoods and local businesses, enhancing long-term tenant demand. This is an ideal acquisition for investors seeking a diversified, income-producing asset with a healthcare anchor tenant and residential upside.

ASK ABOUT THIS PROPERTY

Eddie KaroliussenFour Corners Real Estate Solutions, LLCMore Info
434-996-0310

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Eddie KaroliussenFour Corners Real Estate Solutions, LLCMore Info
434-996-0310

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