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Almost Heaven Spring Water Building 20 McCarty Rd 4,900 SF Industrial Building Fredericksburg, VA 22405 $1,275,000 ($260.20/SF) 5.44% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Multiple Uses permitted - please check Stafford Co Zoning for RC.
  • Large corner lot with sufficient parking and egresses.
  • Approx. 7.5 miles to I-95 Falmouth Exit.

EXECUTIVE SUMMARY

Tenant under lease until 8/31/2029.
Free Standing Industrial Building with Office and Mezzanine as well as additional outbuilding for storage.
Outbuilding has electric, lighting, and two Drive-Ins.
Two Docks, Two Drive-ins - with Drive Thru Capability.
Mezzanine adds approximately 1200 SF of Storage.
Please check Zoning Ordinance for RC and also reference Proffer in documents for restricted uses.
Outbuilding adds approximately 650 SF of Storage.
Landlord can terminate lease early with 150 days notice
HVAC replaced in 2022

PROPERTY FACTS

Price $1,275,000
Price Per SF $260.20
Sale Type Investment or Owner User
Cap Rate 5.44%
Property Type
Industrial
  • Industrial Distribution
  • Industrial Warehouse
  • Industrial Service
Building Class C
Lot Size 3.90 AC
Rentable Building Area 4,900 SF
No. Stories 1
Year Built 2000
Tenancy Single
Parking Ratio 3.47/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning RC - Rural Commercial

UTILITIES

  • Water - County
  • Sewer - Septic Field

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Culligan Water
  • Services
  • -
  • -
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Culligan Water Services - - Triple Net -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55-139U
Land Assessment
$595,200
Improvements Assessment
$303,800
Total Assessment
$899,000
  • Listing ID: 25038691

  • Date on Market: 2/11/2022

  • Last Updated:

  • Address: 20 McCarty Rd, Fredericksburg, VA 22405

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