340 Anderson Hollow Rd | Norton, VA 24273
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- LoopNet Team
340 Anderson Hollow Rd
Norton, VA 24273
Fully Occupied Medical Bldg – Strong Credit · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Rare investment opportunity to acquire a 14,500+ SF single-story multi-tenant medical office building with 100% occupancy.
- Ideally situated near the intersection of US Route 23 and US Route 58 Alternate, both of which provide excellent accessibility to I-81 and I-181.
- The property is located on a long-term ground lease owned by Ballad Health, the premier healthcare organization in the area.
- Strong tenant roster consisting of Fresenius Medical Care and Family Preservation Services, both of which have shown desire to stay long term.
- Property has proximity to numerous health care providers and services, including Ballad Health systems, Norton VA Clinic, Wise Medical Group, & more.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
16,228 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,512 SF
Building FAR
0.19
Lot Size
2.00 AC
Parcel Number
406-A-66
Zoning
R-A
Parking
164 Spaces (10 Spaces per 1,000 SF Leased)
1 of 1
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