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240-252 Airport Rd - Aviation Business Center 2,000 - 7,082 SF Condo Units Offered at $340,000 - $1,182,694 Per Unit in Winchester, VA 22602
Investment Highlights
- Accessible via I81 Exit 313, Front Royal Pike to Airport Road.
Executive Summary
2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.
5 Units Available
Unit 240-1
| Unit Size | 2,000 SF | Sale Type | Investment or Owner User |
| Price | $340,000 | Cap Rate | 6.18% |
| Price Per SF | $170.00 | NOI | $21,000 |
| Condo Use | Flex |
| Unit Size | 2,000 SF |
| Price | $340,000 |
| Price Per SF | $170.00 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.18% |
| NOI | $21,000 |
Description
3 YEAR NNN LEASE IN PLACE - through January 2028! Warehouse/Garage Condo FOR SALE, Frederick County, Aviation Business Park. 2000 SF for $340k. Large Roll Up Door, 9 ft high x 10 ft wide. Ideal for engineering, distribution, contractor services, equipment storage, etc. Meticulous flex business park. Plenty of parking. Clean garage/flex with ADA bath. Available Immediately. Current income $2192/month (represents $10.50 PSF + $2.65 PSF NNN). 3% annual increases and renewals.
Sale Notes
3 YEAR NNN LEASE IN PLACE - through January 2028! Warehouse/Garage Condo FOR SALE, Frederick County, Aviation Business Park. 2000 SF for $340k. Large Roll Up Door, 9 ft high x 10 ft wide. Ideal for engineering, distribution, contractor services, equipment storage, etc. Meticulous flex business park. Plenty of parking. Clean garage/flex with ADA bath. Available Immediately. Current income $2192/month (represents $10.50 PSF + $2.65 PSF NNN). 3% annual increases and renewals.
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Unit 242
| Unit Size | 4,350 SF | Condo Use | Flex |
| Price | $783,000 | Sale Type | Investment or Owner User |
| Price Per SF | $180.00 |
| Unit Size | 4,350 SF |
| Price | $783,000 |
| Price Per SF | $180.00 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
Description
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west
of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking.
Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K
Sale Notes
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west
of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking.
Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K
Unit 250
| Unit Size | 5,000 SF | Sale Type | Investment |
| Price | $899,000 | Cap Rate | 6.30% |
| Price Per SF | $179.80 | NOI | $56,637 |
| Condo Use | Flex | Sale Conditions | 1031 Exchange |
| Unit Size | 5,000 SF |
| Price | $899,000 |
| Price Per SF | $179.80 |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| NOI | $56,637 |
| Sale Conditions | 1031 Exchange |
Description
All brick, excellent condition, Leased Flex/Industrial for Sale, Winchester, VA. Leased through August 2030. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse. Sold with Long-term tenant in place, NNN lease terms. $57K+/- year NOI. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues, paid by tenant . Asking $899K. Approx. 6.3% CAP. Solid 1031 Option.
Sale Notes
All brick, excellent condition, Leased Flex/Industrial for Sale, Winchester, VA. Leased through August 2030. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse. Sold with Long-term tenant in place, NNN lease terms. $57K+/- year NOI. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues, paid by tenant . Asking $899K. Approx. 6.3% CAP. Solid 1031 Option.
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250 - 1
Unit 252
| Unit Size | 7,082 SF | Condo Use | Office |
| Price | $1,182,694 | Sale Type | Owner User |
| Price Per SF | $167.00 | No. Parking Spaces | 50 |
| Unit Size | 7,082 SF |
| Price | $1,182,694 |
| Price Per SF | $167.00 |
| Condo Use | Office |
| Sale Type | Owner User |
| No. Parking Spaces | 50 |
Description
7082 SF, Prime Office Available for Lease & Sale, Winchester, VA. Located in established business park, all brick construction, super clean and ready for Q3 occupancy! Large open office concepts with multiple executive offices. Large breakroom, multiple M/W bathrooms, and bright, welcoming lobby. TONS OF FREE PARKING! High speed internet, Enterprise Zone benefits! $12 PSF + $2.65 NNN. Showings sched. M-F, 8a - 5p. Also listed for sale, $1,182,694. Optional, additional 3K SF of offices available on separate 2nd floor for a total of 10K+ if needed!
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Unit 240-2
| Unit Size | 2,000 SF | Condo Use | Office |
| Price | $380,000 | Sale Type | Investment or Owner User |
| Price Per SF | $190.00 |
| Unit Size | 2,000 SF |
| Price | $380,000 |
| Price Per SF | $190.00 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Description
2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.
Sale Notes
2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.
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Property Facts
Amenities
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Presented by
240-252 Airport Rd - Aviation Business Center
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