$ 4,500,000
-
$4,500,000
Price -
0
Bed -
0
Bath -
10,320
SqFt
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About the Listing RAES4 - 99167,73615
This exceptional investment opportunity features a single-tenant medical office building leased to Virginia Cancer Institute, Inc., a well-established and respected healthcare provider. The property is secured by a Triple Net (NNN) lease, minimizing landlord responsibilities while providing a predictable and stable income stream. The current lease has approximately five years remaining, with multiple renewal options that offer long-term tenancy potential. In addition, the lease includes scheduled rental escalations throughout both the initial term and renewal periods, providing consistent growth in Net Operating Income (NOI) . Offered at an asking price of $4,500,000, the property generates an annual Net Operating Income (NOI) of approximately $288,000, reflecting an attractive 6.40% capitalization rate. Strategically located in a high-traffic corridor with excellent visibility and convenient access, this institutional-quality medical investment presents a compelling opportunity for investors seeking stable cash flow, long-term appreciation potential, and a creditworthy healthcare tenant. This asset is an outstanding addition to any commercial real estate investment portfolio.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Commercial Sale
MLS ®
VAPV2000126
Year Built
2015
Total Square Footage
10,320
Lot/Acreage
0.24
County
Prince George
School District
Prince George County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 35
- Zoning: 11
- Roof:
- Others: Excellent
- Sewer: Other
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,522
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2018
Payment Calculator
Monthly Payment
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Questions About..
4730 Puddledock Rd Prince George, VA 23875
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