216 Industrial Ct - Warehouse FOR SALE


Fredericksburg, VA 22408
$1,750,000 USD
540-548-1023
216 Industrial Ct, Fredericksburg, VA for Sale
$1,750,000 USD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

216 Industrial Ct
Fredericksburg, VA 22408


OVERVIEW

6,008 sf Office/Flex Building Fully Leased and adjacent .98 ac Industrial Parcel Lease Option Term is Two-Years (expires January 31, 2027) Three Percent Annual Rent Increases Tenant is Rappahannock Electric Cooperative REC is a member-owned utility that provides electric service to nearly 179,000 connections in portions of 22 Virginia Counties Building has 6 Offices Conference Room Bull Pen Area (17' X 24.5') and Storage Room ( 660 sf) Adjacent .98 Acre Parcel is Zoned I-1 ($190,000.00)

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$291 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

214 & 216 Industrial Court

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.98

LAND SF

86,249

ZONING

I-1

APN/PARCEL ID

23G1-10-

ASK ABOUT THIS PROPERTY

Donny Self CCIMColdwell Banker Commercial EliteMore Info
540-548-1023

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Donny Self CCIMColdwell Banker Commercial EliteMore Info
540-548-1023

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