$4,400,000
Est. payment /mo
10,320 SqFt
Active
4730 PUDDLEDOCK RD Prince George, VA 23875
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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.
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
Listed by DAREEN ABDULLAH • Saleh Estates Realty, LLC
Hope Greenlee Agent | License ID: 658745
Hope Greenlee
I am a seasoned Realtor with an impressive 16 years of experience in the real estate industry. Hailing from Baltimore County, I am a proud graduate of Parkville High School, and she furthered her education by pursuing a business degree at a prestigious school in Pittsburgh, Pennsylvania.
With a background as a Multi-Site Property Manager spanning over two decades across Maryland, I have honed my skills and expertise in various facets of real estate. However, my most cherished accomplishment is being a devoted mother to five children.
I am not just a Realtor; I am passionate and market-savvy professional who prioritizes my clients' satisfaction and best interests above all else. My commitment to understanding and meeting my clients' unique needs, combined with my extensive market knowledge, construction expertise, and exceptional negotiation skills, truly sets me apart in the industry.
Whether you're in the market to buy or sell, I promise to provide you with the special attention you deserve from a dedicated real estate professional. My approach is characterized by professionalism, patience, and unwavering loyalty to my clients, ensuring a seamless and satisfying real estate experience.
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