46077 Lake Center Plz - Freestanding FOR SALE


Sterling, VA 20165
$4,600,000 USD
703-967-2771
46077 Lake Center Plz, Sterling, VA for Sale
$4,600,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

46077 Lake Center Plz
Sterling, VA 20165


OVERVIEW

Mid-Atlantic Commercial Realty, LLC (“Mid-Atlantic”), as exclusive representative for Owner, is pleased to present this opportunity to purchase the 100% fee simple interest in the Melodee Music Building (the “Property”), a 20,000 SF standalone building located at 46077 Lake Center Plaza, Sterling, Loudoun County, Virginia. The property is 100% leased to one tenant, Melodee Music, an entity related to the owner. The Property has three floors. The northern end of the lower-level is at grade while the remaining sides are underground. The property is suitable for a variety of by right uses.. For the value-creation investor or developer that appreciates the explosive growth in Loudoun County, the Property offers an ideal redevelopment opportunity with a unique blend of near-term upside and longer-term stability. This market has strong demographics and a geographic location that is increasingly central in Northern Virginia.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,366 SF

ZONING

PDH-4

APN/PARCEL ID

019-25-6778

ASK ABOUT THIS PROPERTY

Dana WeinbergMid-Atlantic Commercial Realty, LLCMore Info
703-967-2771

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Dana WeinbergMid-Atlantic Commercial Realty, LLCMore Info
703-967-2771

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