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16244 Bennett Rd 9,226 SF Office Building Culpeper, VA 22701 $1,950,000 ($211.36/SF) 6.17% Cap Rate
Executive Summary
9,200+ square foot medical condominium leased to a university medical tenant. Current lease runs through May 2031 with a 5-year option. 2% annual increases. The lease is NNN and is based on a "shell" building; the tenant completed all the interior medical build-out.
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Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,226 SF
Building Class
B
Year Built
2011
Price
$1,950,000
Price Per SF
$211.36
Cap Rate
6.17%
NOI
$120,264
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,226 SF
Zoning
HI
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- UVA Pediatrics
- -
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| UVA Pediatrics | - | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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16244 Bennett Rd
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