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Prime Medical Office Investment 2 Properties Offered at $1,225,000 in Fork Union, VA



Investment Highlights
- Long-term medical tenant to sign new 5-year NNN lease.
- Hands-off investment with tenant-covered expenses.
- 50 on-site parking spaces and 3.19 acres of land.
- Fully leased four-unit apartment building included.
- Located on US-15 with strong visibility and access.
Executive Summary
This rare dual-asset investment opportunity at 4064 James Madison Hwy in Fork Union, Virginia, offers a compelling blend of healthcare stability and multifamily income. The property includes a well-maintained medical office building and a fully leased four-unit apartment building totaling 7,139, all situated on a 3.19-acre parcel with 50 dedicated parking spaces.
The medical office is currently occupied by a long-standing general practitioner who will execute a new 5-year NNN lease upon sale, ensuring immediate, predictable cash flow. The facility includes nine exam rooms, administrative offices, a lab, nurses’ station, file room, kitchen/break area, and a welcoming reception area. The tenant will cover all operating expenses, including taxes, insurance, and maintenance, offering a hands-off investment profile.
Adjacent to the medical office is a two-story multifamily building with three one-bedroom units and one two-bedroom unit. All apartments are fully occupied, with one recently renovated, and rents include utilities—providing additional, stable income.
Located in Fluvanna County along the well-traveled James Madison Highway (US-15), the property benefits from strong visibility and accessibility. The B-1 zoning supports a variety of commercial uses, and the surrounding area includes residential neighborhoods and local businesses, enhancing long-term tenant demand.
This is an ideal acquisition for investors seeking a diversified, income-producing asset with a healthcare anchor tenant and residential upside.
The medical office is currently occupied by a long-standing general practitioner who will execute a new 5-year NNN lease upon sale, ensuring immediate, predictable cash flow. The facility includes nine exam rooms, administrative offices, a lab, nurses’ station, file room, kitchen/break area, and a welcoming reception area. The tenant will cover all operating expenses, including taxes, insurance, and maintenance, offering a hands-off investment profile.
Adjacent to the medical office is a two-story multifamily building with three one-bedroom units and one two-bedroom unit. All apartments are fully occupied, with one recently renovated, and rents include utilities—providing additional, stable income.
Located in Fluvanna County along the well-traveled James Madison Highway (US-15), the property benefits from strong visibility and accessibility. The B-1 zoning supports a variety of commercial uses, and the surrounding area includes residential neighborhoods and local businesses, enhancing long-term tenant demand.
This is an ideal acquisition for investors seeking a diversified, income-producing asset with a healthcare anchor tenant and residential upside.
Property Facts
| Price | $1,225,000 | Status | Active |
| Price / SF | $171.59 / SF | Number of Properties | 2 |
| Sale Condition | Sale Leaseback | Individually For Sale | 0 |
| Cap Rate | 7.01% | Total Building Size | 7,139 SF |
| Sale Type | Investment | Total Land Area | 3.12 AC |
| Price | $1,225,000 |
| Price / SF | $171.59 / SF |
| Sale Condition | Sale Leaseback |
| Cap Rate | 7.01% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,139 SF |
| Total Land Area | 3.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2781 W Bottom Rd, Fork Union, VA 23055 | Multifamily | 2,759 SF | 1999 | - |
| 4064 James Madison Hwy, Fork Union, VA 23055 | Office | 4,380 SF | 1958 | - |
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Presented by
Four Corners Real Estate Solutions, LLC
Prime Medical Office Investment
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