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240-254 Airport Rd - Aviation Business Center West

4,375 - 5,000 SF Light Industrial Units Offered at £612,658 - £703,423 Per Unit in Winchester, VA 22602

Investment Highlights

  • 250 Airport Road, Sold with Tenant in Place till August 2025. 5000 SF for $899K
  • Condo Dues Only $2.06 PSF/Yr
  • 242 Airport Road, Can be Sold Vacant. 4350 SF for $783K

Executive Summary

4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking. Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K. Excellent 1031 Option.

Property Facts

Price £612,658 - £703,423
Unit Size 4,375 - 5,000 SF
No. Units 2
Total Building Size 5,000 SF
Property Type Light Industrial
Property Subtype
Light Distribution
  • Industrial Service
Building Class A
Number of Floors 2
Typical Floor Size 4,000 SF
Year Built 2007
Tenancy Single
Lot Size 5.33 AC
Parking Ratio 24/1,000 SF

2 Units Available

Unit 250

Unit Size 5,000 SF
Price £703,423
Price Per SF £140.68
Unit Use Light Industrial
Sale Type Investment or Owner User
Net Initial Yield 5.02%
NOI £35,279.36
Description

250 Airport Road, Winchester, VA. 5000 SF Flex Space Available for Sale. Leased until August 2025. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues only $2.06 PSF/year. Asking $899K.242 Airport Road, consisting of 4350 SF is also available and can be sold vacant. $783K.

Sale Notes

250 Airport Road, Winchester, VA. 5000 SF Flex Space Available for Sale. Leased until August 2025. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues only $2.06 PSF/year. Asking $899K. 242 Airport Road, consisting of 4350 SF is also available and can be sold vacant. $783K.

IMG_3254
View Photo IMG_3254

Unit 242

Unit Size 4,375 SF
Price £612,658
Price Per SF £140.04
Unit Use Light Industrial
Sale Type Investment or Owner User
No. Parking Spaces 50
Description

4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking. Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K. Excellent 1031 Option.

Sale Notes

4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking. Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K. Excellent 1031 Option.

Utilities

  • Gas
  • Water
  • Sewer
  • Heating

zoning

Zoning Code M-1
M-1
  • Listing ID: 32704862

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: 240-254 Airport Rd, Winchester, VA 22602

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