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Building 1 8051 Prosperity Way 16,800 SF 100% Leased Office Building Ruther Glen, VA 22546 $3,150,000 ($187.50/SF) 8.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime I-95 location between Richmond and Fredericksburg in a high-growth corridor with 3,500+ homes planned and major employers nearby.
  • Strong demand fundamentals driven by $575M+ in regional healthcare and government investment.
  • 100% leased medical/office asset to Mary Washington Healthcare and Health Connect America (KEYS Academy), providing stable, essential-service tenancy.
  • High-visibility Route 1 frontage near retail, dining, and daily services.

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present the Offering Memorandum for 8051 Prosperity Way, a 16,800-square-foot, two-story, fully leased office/medical building located in Ruther Glen, Virginia. The property delivers stable cash flow from two long-term tenants with contractual rent escalations and is strategically positioned in the growing Ladysmith submarket between Richmond and Fredericksburg.
The first floor is leased to MEDICORP, the real estate arm of Mary Washington Healthcare, a nonprofit regional healthcare system founded in 1899. Mary Washington Healthcare operates two hospitals with a combined 571 beds, multiple emergency departments, and more than 50 healthcare and wellness facilities, providing strong credit characteristics and essential-service tenancy. The second floor is occupied by Health Connect America (KEYS Academy), a multi-state provider of behavioral and mental health services, including a licensed K–12 special education day school.
Located in an underserved and rapidly developing corridor, the property benefits from strong tenant demand, scheduled rent growth, and expanding regional investment—making 8051 Prosperity Way a compelling opportunity offering secure income and long-term growth potential.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
16,800 SF
Building Class
B
Year Built
2008
Price
$3,150,000
Price Per SF
$187.50
Cap Rate
8.15%
NOI
$256,609
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,400 SF
Slab To Slab
11’
Building FAR
0.10
Lot Size
3.73 AC
Zoning
B1
Parking
150 Spaces (8.93 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
52D-2-15
Land Assessment
$440,300
Improvements Assessment
$2,964,113
Total Assessment
$3,404,413
  • Listing ID: 39179192

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: 8051 Prosperity Way, Ruther Glen, VA 22546

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