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Executive Summary
Investment Opportunity with road frontage on Highway 58
3,219± SF leased to the State of Virginia
Leased until March 2028 with 2 5-year options
Updated roof, HVAC, parking lot and flooring in 2023
Gross monthly rent of $4,698
PRICE REDUCED: $575,000
3,219± SF leased to the State of Virginia
Leased until March 2028 with 2 5-year options
Updated roof, HVAC, parking lot and flooring in 2023
Gross monthly rent of $4,698
PRICE REDUCED: $575,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,219 SF
Building Class
C
Year Built/Renovated
1986/2023
Price
$575,000
Price Per SF
$178.63
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,219 SF
Building FAR
0.06
Lot Size
1.29 AC
Zoning
B-2
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- DMV - Virginia
- Public Administration
- 3,219 SF
- $17.51
- Modified Gross
- Mar 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| DMV - Virginia | Public Administration | 3,219 SF | $17.51 | Modified Gross | Mar 2028 |
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Property Taxes
| Parcel Number | 76-17D-1 | Improvements Assessment | $351,700 |
| Land Assessment | $196,700 | Total Assessment | $548,400 |
Property Taxes
Parcel Number
76-17D-1
Land Assessment
$196,700
Improvements Assessment
$351,700
Total Assessment
$548,400
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DMV | 27426 Southampton Pky
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