20915 Ashburn Rd - Medical CONDO FOR SALE


Ashburn, VA 20147
$5,350,000 USD
202-652-2334
20915 Ashburn Rd, Ashburn, VA for Sale
$5,350,000 USD
Medical CONDO - FOR SALE
1/16
null | 7.74% Cap Rate

20915 Ashburn Rd
Ashburn, VA 20147


HIGHLIGHTS

  • Top Caliber Demographics in Loudoun County
  • Long Term Ground Floor Retail Anchors
  • Medical & Client Facing Office Base

OVERVIEW

KLNB Retail Capital Markets is pleased to present for sale the condominium interest in Olde Ashburn Center, a 20,008 SF retail under office building in Ashburn, Virginia. Constructed in 2009, the building is 100% occupied by a service-oriented retail tenant mix and a consumer facing roster of office tenants. The asset is comprised of 10,693 SF of ground floor retail, anchored by The Wine’ing Butcher, an artisanal butcher, wine shop, and café with 12+ years of tenure and healthy term remaining through September 2032. The 2nd floor office, totaling 9,315 SF, consists of seven tenants including VIP Dental, Ashburn Natural Wellness, and The Music Loft, among others. Current ownership is offering for sale a 92.29% interest in the condominium, with only one space space separately owned, Ashburn Divine Dental on the 2nd floor.

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

7.74%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olde Ashburn Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

22,853 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

RC

APN/PARCEL ID

086-46-5366

ASK ABOUT THIS PROPERTY

Vito LupoKLNBMore Info
202-652-2334

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Vito LupoKLNBMore Info
202-652-2334

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