FOR SALE - $3,850,000 - Tall Cedars 3.4 Acres

Asking Price: $3,850,000 - We are pleased to offer for sale an income producing property occupied by a multi-location, education-based tenant situated on 3.4 acres in South Riding, one of the fastest growing and wealthiest areas in Loudoun County.

Asking Price:  $3,850,000 - Rarely do you find a commercial investment property with a 7.67% cap rate and over 50,000 square feet of additional development opportunity. We are pleased to offer for sale an income producing property occupied by a multi-location, education-based tenant situated on 3.4 acres in South Riding, one of the fastest growing and wealthiest areas in Loudoun County. Five years into a fifteen-year lease (with one 5-year renewal option), this property offers strong triple net revenue for the passive investor looking for income and real estate appreciation. The asking price for the school, built in 2012, is $2.7M (7.67% cap) with the additional land priced at $1.15M. All together at $3.85M the property is at a 5.4% cap with huge upside potential to increase the income generated by the property with additional development, making this the ideal property for a commercial investor that desires strong income while generating even more income by adding an additional building. The property is zoned CLI (Commercial Light Industrial) which allows for a wide variety of uses from office and industrial to related supportive commercial retail and services uses. With limited zoning for medical use in the surrounding area and Inova Medical Center being located less than 3 miles down the road, the property’s CLI zoning also presents a rare opportunity for supportive health and medical services development.

 

To learn more about this opportunity and to review the available due diligence information, please contact Ryan Rauner at Ryan@RealtyMarkets.com or 703-943-7079.

Location

For more information, please contact:

 

Ryan Rauner of RealtyMarkets, a Century 21 New Millennium Team

703-943-7079

Ryan@RealtyMarkets.com

 

 

Century 21 New Millennium

20405 Exchange Street, Suite 221

Ashburn, VA 20147