10990 Richardson Rd | Ashland, VA 23005
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- LoopNet Team
10990 Richardson Rd
Ashland, VA 23005
Mastec Network Solutions · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 7.57% Cap Rate on healthy in-place NOI of $143,700
- Located in Hanover Air park - with a Sub 1% Industrial Vacancy.
- Fully leased to Fortune 500 Company - Moody's Ba2 Credit Rating
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Yard
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ABOUT 10990 RICHARDSON RD , ASHLAND, VA 23005
14,000 SF between 2 buildings - 6 offices, 6 Drive-In-Doors. Crane, Large Paint Booth (Serviced Fire Trucks). Tenant has been in pace since 2006, with intent to stay. Net Operating Income is $143,000, a 7.57% Cap Rate on an asking price of $1,900,000.
PROPERTY TAXES
| Parcel Number | 7787-99-6468 | Improvements Assessment | $880,400 |
| Land Assessment | $195,200 | Total Assessment | $1,075,600 |
PROPERTY TAXES
Parcel Number
7787-99-6468
Land Assessment
$195,200
Improvements Assessment
$880,400
Total Assessment
$1,075,600
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