2728 Old Forest Rd | Lynchburg, VA 24501
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2728 Old Forest Rd
Lynchburg, VA 24501
Lynchburg Gynecology | 11.00% cap | Abs NNN · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Healthcare Real Estate – Medical office buildings have a reputation for being ideal tenants as they provide stability and increased property value.
- Rental Increases – With historically high inflation rates, rental increases have become increasingly important for any asset.
- Affluent Neighborhood – Lynchburg Gynecology is positioned within the top 10 most affluent areas of Lynchburg.
- Passive Income – This asset includes an absolute NNN lease, allowing a future owner the ability to have predictable, secure income.
- Lynchburg, VA – This property is located in one of the most well know cities in Virginia.
- Hospital Proximity – Centra Lynchburg General Hospital is a 358-bed hospital and is just over 1.5 miles from the subject property.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
4,864 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,864 SF
Building FAR
0.10
Lot Size
1.10 AC
Zoning
052301
Parking
26 Spaces (5.35 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 166-06-005 | Improvements Assessment | $748,000 |
| Land Assessment | $327,000 | Total Assessment | $1,075,000 |
PROPERTY TAXES
Parcel Number
166-06-005
Land Assessment
$327,000
Improvements Assessment
$748,000
Total Assessment
$1,075,000
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