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Biomat USA 202 Boatwright Ave 9,702 SF Office Building Danville, VA 24541 $3,370,109 ($347.36/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Recession-Proof Tenant
- Leading Operator in the Space
- Emerging & Essential Industry
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Biomat USA located at 202 Boatwright Ave, Danville, VA 24521. The site consists of roughly 9,702 rentable square feet of building space on an estimated 0.78-acre parcel of land. The current annual rent is $235,908 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,702 SF
Building Class
C
Year Built
1965
Price
$3,370,109
Price Per SF
$347.36
Cap Rate
7%
NOI
$235,908
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,702 SF
Building FAR
0.29
Lot Size
0.78 AC
Opportunity Zone
Yes
Zoning
CENTRAL BU - Central commercial district
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 25171 | Improvements Assessment | $1,100,900 |
| Land Assessment | $32,500 | Total Assessment | $1,133,400 |
PROPERTY TAXES
Parcel Number
25171
Land Assessment
$32,500
Improvements Assessment
$1,100,900
Total Assessment
$1,133,400
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Biomat USA | 202 Boatwright Ave
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