1360 N Shenandoah Ave - Medical FOR SALE


Front Royal, VA 22630
$2,000,000 USD
540-247-6426
1360 N Shenandoah Ave, Front Royal, VA for Sale
$2,000,000 USD
Medical - FOR SALE
1/1
null | 6.1% Cap Rate

1360 N Shenandoah Ave
Front Royal, VA 22630


HIGHLIGHTS

  • National Medical Dialysis Corporation

OVERVIEW

This building was a custom build for DaVita in 2012. The dialysis center put in over 1 million of their own funds in the internal buildout to include full sprinkle system. There is 4 yrs and 8 months left on original lease plus 2 (5) year options which they will be exercising. This is a NNN with owners responsible for roof and structure only. Lease has increases of 2% annually and the management fee is 1k with 3% annual leases.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$329 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dialysis Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C-I

APN/PARCEL ID

20A220-G-A1B

ASK ABOUT THIS PROPERTY

Meridee PowarsLink Realty ServicesMore Info
540-247-6426

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Meridee PowarsLink Realty ServicesMore Info
540-247-6426

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