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1725 Park Ave SW
11,949 SF 66% Leased Office Building Norton, VA 24273 £938,938 (£79/SF) 3% Net Initial Yield
Investment Highlights
- Owner User/ SBA Loan
- Spacious Office Space
- Near Hospital
- Located in an Opportunity Zone
Executive Summary
The layout offers a generous office space, a welcoming reception area, and a sizable conference room, ready for a new tenant to make their mark. As a testament to its exceptional location, current co-tenant is the DMV.
Impressively, traffic counts around this property affirm its strategic positioning, with 4,233 vehicles daily on Park Ave NW (crossing 16th St NW, a mere 0.04 miles away) and a substantial 13,970 vehicles passing through Orby Cantrell Hwy (crossing 12th St SW, only 0.28 miles from the property).
Moreover, the owner is open to bundling both parcels for a prospective owner-user, making this an attractive opportunity for those considering an SBA loan or owner user. This is a chance to benefit from a thriving location in Norton, and the prospect of customizing a spacious property to your business needs.
Property Facts
Amenities
- Wheelchair Accessible
- Reception
- Fully Carpeted
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Public Administration
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
With more than 600 employees and a budget of approximately $131 million, the Department of General Services (DGS) provides a wide array of services for other state agencies, local governments, and citizens. The Department of General Services (DGS) makes it easier for government to do business, and Virginians to do business with government, by providing a broad range of services to other state agencies, institutions of higher education, local governments, businesses, and citizens. DGS provides the services that allow agencies to direct their energies toward their core missions without having to worry about the logistics of the operation.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Public Administration | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
7,000 SF of office space available for lease or purchase. The interior of the property features a large waiting area with a variety of office sizes, four restrooms, breakroom, and large conference room. Outside the build there is ample parking with ADA access.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,115 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 4,115 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 4,115 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
7,000 SF of office space available for lease or purchase. The interior of the property features a large waiting area with a variety of office sizes, four restrooms, breakroom, and large conference room. Outside the build there is ample parking with ADA access.
Presented by
1725 Park Ave SW
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