This prime investment opportunity features a single-tenant building leased to Virginia Cancer Institute, Inc., a reputable healthcare organization. The lease is structured as Triple Net (NNN), offering minimal landlord responsibilities and stable income.
The tenant has 5 years remaining on the current lease, with renewal options available. The lease also includes scheduled rental increases during the initial term and option periods, generating a steady Net Operating Income (NOI) and providing a hedge against inflation.
With a 6.4% cap rate and an asking price of $4,400,000, this property is situated in a high-traffic, accessible location, making it a strong addition to any investor’s portfolio.
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Listing Snapshot
Price
$4,400,000
Days On Site
13 Days
Bedrooms
N/A
Inside Area (SqFt)
10,320 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.24 Acres
Year Built
2015
MLS® Number
VAPV2000066
Status
Active
Property Tax
$7,522
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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