Pilgrim Village, Inc.
Listed by Income Properties Inc., Pilgrim Village, Inc.
$3,750,000
Pilgrim Village
Details
Property Type Mixed Use, Office
Sub Type Executive Office, Medical Office
Square Footage 43,000
Net Rentable (SqFt) 43,000
Cap Rate 8.65%
NOI $324,303
Occupancy 95%
Tenancy Multi
Lease Type NN
Pro-Forma Cap Rate 9.7%
Pro-Forma NOI $363,811
Price per SqFt $87
Broker Co-Op Yes
Class B
Year Built 1983
Year Renovated Just completed
Buildings 1
Stories 2
Acreage 2.110
Zoning GB
Parking Spaces 85 spaces
Parking Per SqFt 1.98
Investment Type Owner/User
Tenant Credit No Credit Rating
Occupancy Date 08/30/2021
Ownership Limited Liability Corp
Sale Condition For sale by owner
Office 43,000 SF
Marketing description
Attractive two story colonial style multi-tenant office set on 2.11 acres with excellent frontage along Rt 17 in York County, VA. Immediate market consists of professional office, day care, strip retail, service, with good quality single family backup. New 1760 SqFt suite now under construction for new tenant and to be rented at $10.00 per SF plus utilities. Traffic count is estimated to be north of 45,000 vehicles per day.
Investment highlights
- Excellent quality for the asking price, excellent frontage along heavily travelled traffic artery. Upside in additional increased rents going forward and on current vacant space.
- Rate: $10-14/SF
Listing Contacts
Pilgrim Village, Inc.
Listed by Income Properties Inc., Pilgrim Village, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$324,303.00
$27,025.25/mo
Valuation Metrics
0
DSCR
8.65%
Cap Rate
8.65%
ROI
Map
Zoning
GB CommercialGeneral CommercialGeneral Business District
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View all 254 uses
View all 254 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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