Office Space /VA /Lexington City County /Lexington /106 E Washington St
Office Space /VA /Lexington City County /Lexington /106 E Washington St

106 E Washington St - Telecom Hotel/Data Hosting FOR SALE


Lexington, VA 24450 | 
$2,500,000 USD
804-869-3492
106 E Washington St, Lexington, VA for Sale
$2,500,000 USD
Telecom Hotel/Data Hosting - FOR SALE
1/3
null | 7.43% Cap Rate
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106 E Washington St
Lexington, VA 24450

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HIGHLIGHTS

  • 20 year sale leaseback.
  • Located in an opportunity zone: 18,584 SF on a 1.23 acre corner parcel.
  • Mission critical site – the property has continuously operated as a telecom central office for over 60 years.
  • Annual rent is $185,840 ($10/PSF).

OVERVIEW

Sale/Leaseback Opportunity on Behalf of Brightspeed.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.43%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

ADD'L SUBTYPES

Telecom Hotel/Data Hosting, undefined

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C-1

APN/PARCEL ID

24-1-7

ASK ABOUT THIS PROPERTY

Austin Newman, SIORS.L. Nusbaum Realty Co.More Info
804-869-3492

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Austin Newman, SIORS.L. Nusbaum Realty Co.More Info
804-869-3492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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