Listed by Serafin Real Estate
$500,000
14137 Robert Paris Court
Details
Property Type Office
Sub Type Executive Office
Square Footage 1,450
Cap Rate 5.06%
NOI $25,291
Occupancy 100%
Tenancy Single
Lease Expiration 10/30/2024
Class B
Year Built 2006
Stories 1
Zoning I-3
Office | 5.06% CAP | 1,450 SF
Marketing description
Investment office condo w/ long term tenant located at Colonels Ridge Office Condominium in Chantilly, Fairfax County, VA, directly across the street from the new Wegmans and new Toll Brothers housing development (Commonwealth at Westfields). Ideally located near Rt. 28 and Walney Road. Ground floor unit with signage and property manager in place. Ample parking.
Smile Wellness Spa has been operating from this location since 2015 and has lease until Oct 2024. Long term tenant, 100% on-time rent payments.
Owner is a licensed real estate broker in Virginia.
Investment highlights
- Condo Being Sold as Investment w/ Lease in Place
- Long Term Tenant (Smile Wellness Spa)
- Lease until Oct, 31 2024
- Immediate Cash Flow for the Investor
Listing Contacts
Listed by Serafin Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,290.85
$2,107.57/mo
Valuation Metrics
0
DSCR
5.06%
Cap Rate
5.06%
ROI
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