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7300 Hanover Green Dr 18,000 SF 100% Leased Office Building Mechanicsville, VA 23111 $2,099,000 ($116.61/SF) 5.96% Cap Rate
Investment Highlights
- Approximate 18,000 sq. ft. office building
Executive Summary
This approximately 18,000 sq. ft. office building provides various workspace options, including private office suites as well as individual offices. The building offers flexible office spaces to accommodate various business sizes and requirements. The building offers a near 100% occupancy rate maintained for the past two years. The building suites are currently fully occupied. The individual suites present an opportunity for additional revenue of $26,700.
Possibility of vacating the individual office tenants and the owner occuping part or the entire 3rd floor.
Don’t miss out! Contact us today for more information or to schedule a viewing.
Possibility of vacating the individual office tenants and the owner occuping part or the entire 3rd floor.
Don’t miss out! Contact us today for more information or to schedule a viewing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,000 SF
Building Class
B
Year Built/Renovated
1998/2021
Price
$2,099,000
Price Per SF
$116.61
Cap Rate
5.96%
NOI
$125,158
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,000 SF
Slab To Slab
11’
Building FAR
0.66
Lot Size
0.63 AC
Zoning
B-1, B-2
Parking
73 Spaces (5.64 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 8704-85-4719 | Improvements Assessment | $456,500 |
| Land Assessment | $228,500 | Total Assessment | $685,000 |
Property Taxes
Parcel Number
8704-85-4719
Land Assessment
$228,500
Improvements Assessment
$456,500
Total Assessment
$685,000
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Videos
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Photos
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Map
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Contact the Sale Advisor
7300 Hanover Green Dr