1410 Incarnation Dr - Office CONDO FOR SALE


Charlottesville, VA 22901
$3,450,000 USD
434-981-1667
1410 Incarnation Dr, Charlottesville, VA for Sale
$3,450,000 USD
Office CONDO - FOR SALE
1/60
null | 7.17% Cap Rate

1410 Incarnation Dr
Charlottesville, VA 22901


HIGHLIGHTS

  • Attractive for investors & 1031 exchange purchasers.
  • Major tenant is a successful & long running sports and rehabilitation company.
  • Well located in Seminole Trail(US Route29) business corridor.
  • Close to retail, office, medical care facilities & residential areas.

OVERVIEW

Investors and 1031 exchange purchasers. This property will fit well into your portfolio. Approximately 12,000 sq. ft. of this unit is under a five(5) year, triple net lease to a sports and medical rehabilitation company with the first year base rent at $17,050 per month. The base rent escalates every January by one and one half(1.50%) percent. The remaining 3,000+/- sq. ft. of this unit is currently occupied by the owners of the condominium.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

7.17%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Branchlands Professional Center

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

60,000 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,087 SF

ZONING

PUD Planned Unit Developm

APN/PARCEL ID

061Z0-03-00-20100

ASK ABOUT THIS PROPERTY

David CookeLong & Foster Real Estate, Inc.More Info
434-981-1667

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David CookeLong & Foster Real Estate, Inc.More Info
434-981-1667

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