VA > Prince George
Prince George, VA 23875,4730 PUDDLEDOCK RD
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$4,400,000
Est. payment /mo
10,320 SqFt
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UPDATED:

12/17/2024 02:39 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,320 sqft

Price per Sqft $426

MLS Listing ID VAPV2000066

Originating Board BRIGHT

Year Built 2015

Annual Tax Amount $7,522

Tax Year 2018

Lot Size 10,315 Sqft

Acres 0.24

Property Sub-Type Other

Property Description

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.

Location

State VA

County Prince George

Zoning 11

Interior

Hot Water Other

Heating Central

Cooling Other

Heat Source Other

Exterior

Garage Spaces 35.0

Water Access N

Accessibility Other

Total Parking Spaces 35

Garage N

Building

Sewer Other

Water Public

New Construction N

Schools

School District Prince George County Public Schools

Others

Tax ID 220-05-00-005-C

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by DAREEN ABDULLAH • Saleh Estates Realty, LLC
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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4730 PUDDLEDOCK RD

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