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106 E Washington St

18,584 SF Office Building Lexington, VA 24450 £2,426,141 (£131/SF) 6% Net Initial Yield

Investment Highlights

  • Sale/Leaseback opportunity.
  • Located at the signalized intersection of E Washington St and Randolph St.
  • 18,584 SF on a 1.23 acre corner parcel.
  • Located in an opportunity zone.

Executive Summary

Sale/Leaseback Opportunity on Behalf of Brightspeed.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Office
Property Subtype
Data Centre
Building Size
18,584 SF
Building Class
C
Year Built
1980
Price
£2,426,141
Price Per SF
£131
Net Initial Yield
6%
NOI
£145,568
Tenancy
Single
Number of Floors
2
Typical Floor Size
9,292 SF
Building FAR
0.35
Lot Size
1.23 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - Commercial
Parking
33 Spaces (1.78 Spaces per 1,000 SF Leased)

Amenities

  • Signage
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Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(804) 869-3492

Contacts

  • Listing ID: 32557340

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 106 E Washington St, Lexington, VA 24450

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© 2024 CoStar Group

106 E Washington St
(804) 869-3492 x

106 E Washington St

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Austin Newman, SIOR

(804) 869-3492

(804) 869-3492

Carter Wells

(305) 775-2099

(305) 775-2099

Nathan Shor

(804) 539-7404

(804) 539-7404

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