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This prime investment opportunity features a single-tenant building leased to Virginia Cancer Institute, Inc., a reputable healthcare organization. The lease is structured as Triple Net (NNN), offering minimal landlord responsibilities and stable income. The tenant has 5 years remaining on the current lease, with renewal options available. The lease also includes scheduled rental increases during the initial term and option periods, generating a steady Net Operating Income (NOI) and providing a hedge against inflation. With a 6.4% cap rate and an asking price of $4,400,000, this property is situated in a high-traffic, accessible location, making it a strong addition to any investor's portfolio.
| DAYS ON MARKET | 14 | LAST UPDATED | 12/12/2024 |
|---|---|---|---|
| YEAR BUILT | 2015 | COUNTY | PRINCE GEORGE |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| HEAT | Central |
|---|---|
| LOT | 10454 sq ft |
| TAXES | 7522 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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