Listed by NAI Dominion
$6,250,000
Virginia Physicians for Women Prince George Office
Details
Property Type Office
Sub Type Medical Office
Net Rentable (SqFt) 15,455
Units 484
NOI $394,103
Tenancy Single
Brand/Tenant Virginia Physicians for Women, LTD
Lease Type NNN
Lease Term 12
Rent Bumps Yes
Class A
Year Built 2019
Acreage 124.000
Parking Spaces 490 spaces
Investment Type Net Lease
Office | 15,600 SqFt
Marketing description
The new medical building contains eight (8) doctor PODs, state of the art medical equipment, conference abilities, an open and welcoming reception area, and ample parking. The building is designed with the highest quality in mind, including full mechanical, electrical, and plumbing engineering and design.
Located in Prince George County, VA part of the Richmond Metropolitan Statistical Area (MSA)
Investment highlights
- Size: 15,455 rentable SF, 15,600 gross SF
- Tenant: Virginia Physicians for Women, LTD
- NOI Year 1: $394,102.50
- Escalation per Year: 2.5%
- Base Rent Year 1: $25.50 PSF, NNN
- Lease Term: 12 years
- Full MEP Design
Listing Contacts
Listed by NAI Dominion
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$394,102.50
$32,841.88/mo
Valuation Metrics
0
DSCR
6.31%
Cap Rate
6.31%
ROI
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