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4609 Pinecrest Office Park Dr 1,210 SF Office/Medical Condo Unit Offered at $785,000 in Alexandria, VA 22312
INVESTMENT HIGHLIGHTS
- 7.7% Cap Rate, NNN Lease
- 7 year term, expiring March 31, 2030
- Dental Lab Space w/ Nuvia Dental, NNN Lease
- 3% annual escalations
PROPERTY FACTS
| Total Building Size | 16,600 SF | Typical Floor Size | 4,500 SF |
| Property Type | Office (Condo) | Year Built | 1986 |
| Property Subtype | Medical | Lot Size | 0.15 AC |
| Building Class | C | Parking Ratio | 2.41/1,000 SF |
| Floors | 2 | ||
| Zoning | C-2 (Limited Office) - Uses; medical/dental office, professional, general business, personal services. | ||
| Total Building Size | 16,600 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 4,500 SF |
| Year Built | 1986 |
| Lot Size | 0.15 AC |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | C-2 (Limited Office) - Uses; medical/dental office, professional, general business, personal services. |
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Golf Course
- Kitchen
- High Ceilings
- Air Conditioning
1 UNIT AVAILABLE
Unit C
| Unit Size | 1,210 SF | Cap Rate | 7.70% |
| Price | $785,000 | NOI | $60,445 |
| Price Per SF | $648.76 | No. Parking Spaces | 40 |
| Condo Use | Office/Medical | APN/Parcel ID | 07-2-12-803-C, 07-2-12-803-D |
| Sale Type | Investment |
| Unit Size | 1,210 SF |
| Price | $785,000 |
| Price Per SF | $648.76 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| NOI | $60,445 |
| No. Parking Spaces | 40 |
| APN/Parcel ID | 07-2-12-803-C, 07-2-12-803-D |
DESCRIPTION
Selling both units, C &D. Tenant currently occupies both.
SALE NOTES
K & M Commercial as the exclusive brokerage firm is happy to present this NNN medical investment property w/ a 7.7% cap rate. Occupied by Nuvia Dental Implants and Lab. Newly built out medical and dental office located on the first level at Pinecrest Office Park. 7 year term w/ 4+plus years remaining on lease term. Annual 3% escalation's w/ all responsibilities' on Tenant. One, 3 year option in place.
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4609 Pinecrest Office Park Dr
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