This Office Property is no longer advertised on LoopNet.com.

7915 Lake Manassas Dr
Gainesville, VA 20155
Lake Manassas Professional Center · Office Property For Sale

Investment Highlights

  • Long Term Lease in Effect with 3% Annual Escalation

Executive Summary

Guaranteed Income Producing Investment Property! Fully Leased Out Class A Medical Office Space For Sale in Gainesville, VA in Lake Manassas TOTAL 3,940 RSF. This is the only Class A, Muti-Practice Medical Office Building in Gainesville with over 95% of the building tenancy being used for Medical Office Purposes. List Factors in a 7% Cap Rate. Gross Lease Income is $135,948 annually with 3% escalation per annum. Lease is in Y2 of 2nd Renewal Period of 5 Year Term. Tenant is a Large Regional Hospital & Academic Partnership with a succession plan in place to continue the OB/GYN practice to support NOVANT Heathcote Hospital in perpetuity. (NOVANT Health UVA Lake Manassas OB/GYN)

Property Facts

Property Type Office
Building Class A
Lot Size 4.26 AC
Rentable Building Area 58,000 SF
No. Stories 3
Year Built 2007
Parking Ratio 1.72/1,000 SF
APN / Parcel ID 7297-60-5227
Zoning RPC
  • Listing ID: 19178791

  • Date on Market: 4/9/2020

  • Last Updated:

  • Address: 7915 Lake Manassas Dr, Gainesville, VA 20155

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}