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20915 Ashburn Rd - Olde Ashburn Center

20,008 SF Office/Retail Unit Offered at £4,314,255 in Ashburn, VA 20147

Investment Highlights

  • Top Caliber Demographics in Loudoun County
  • Medical & Client Facing Office Base
  • Long Term Ground Floor Retail Anchors

Data Room Click Here to Access

Property Facts

Price £4,314,255
Unit Size 20,008 SF
No. Units 1
Total Building Size 22,853 SF
Property Type Office (Unit)
Property Subtype Medical
Sale Type Investment
Building Class B
Number of Floors 2
Typical Floor Size 11,425 SF
Year Built 2009
Lot Size 1.51 AC
Parking Ratio 4/1,000 SF

1 Unit Available

Unit 1

Unit Size 20,008 SF
Price £4,314,255
Price Per SF £215.63
Unit Use Office/Retail
Sale Type Investment
Net Initial Yield 7.53%
NOI £324,863.40
No. Parking Spaces 94
Description

This is a 2 floor condo in a 2 condo building that is occupied by a variety of retail & medical office tenants. Please contact the listing contacts for additional details.

Sale Notes

KLNB Retail Capital Markets is pleased to present for sale the
condominium interest in Olde Ashburn Center, a 20,008 SF retail
under office building in Ashburn, Virginia. Constructed in 2009,
the building is 100% occupied by a service-oriented retail tenant
mix and a consumer facing roster of office tenants. The asset is
comprised of 10,693 SF of ground floor retail, anchored by The Wine’ing Butcher, an artisanal butcher, wine shop, and café with 12+ years of tenure and healthy term remaining through September 2032. The 2nd floor office, totaling 9,315 SF, consists of seven tenants including VIP Dental, Ashburn Natural Wellness, and
The Music Loft, among others. Current ownership is offering for sale a 92.29% interest in the condominium, with only one space space separately owned, Ashburn Divine Dental on the 2nd floor.

Amenities

  • Signage
  • Air Conditioning

zoning

Zoning Code RC (Rural Commercial Zoning (RC) allows for a number of varied uses including: retail, medical, services, offices, recreational instruction)
RC (Rural Commercial Zoning (RC) allows for a number of varied uses including: retail, medical, services, offices, recreational instruction)
  • Listing ID: 34108908

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 20915 Ashburn Rd, Ashburn, VA 20147

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