Listed by Palisade Realty LLC
$2,240,000
21580 Atlantic Blvd #100
Details
APN 031466058006
Property Type Industrial
Sub Type Warehouse
Square Footage 6,392
Net Rentable (SqFt) 6,400
NOI $120,000
Tenancy Multi
Price per SqFt $350
Year Built 2005
Stories 2
Zoning PDIP
Parking Spaces 8 spaces
Parking per 1,000 SqFt 1.25
Investment Type Value Add
Ceiling Height 28
Ownership Condominium
21580 Atlantic Blvd #100, Sterling, VA 20166
Marketing description
This building unit is good for an Investor or a User. Currently there are 3 Tenants in the building with approximately $120,000.00 income. Tenants are on a Month to Month rent. The building includes 2 floors in the front of the building. First floor can be used as a showroom or office and the second floor is an Office area. Plenty unassigned parking spaces. Ample room for trailer to back into the loading dock. Warehouse area has one office, one bathroom and gas heat. No A/C. Warehouse is located in the rear of the building unit. Unit is solid built. 28 ft high ceiling in the warehouse area. NO AUTOMOTIVE USE.
Investment highlights
- Good for an Investor or a User
- Currently 3 Tenants with approximately $120,000.00 income on month-to-month rent
- Tenants are on a month-to-month rent
- Building includes 2 floors in the front
- The first floor can be used as a showroom or office; second floor is an Office area
- Plenty unassigned parking spaces
- Ample room for trailer to back into the loading dock
- 28 ft high ceiling in the warehouse area
- Property Condition: Excellent
Listing Contacts
Listed by Palisade Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
5.36%
Cap Rate
5.36%
ROI
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