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46950 Jennings Farm Dr - Cedar Lake Professional Center

2,418 SF Office Unit Offered at £370,515 in Sterling, VA 20164

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Investment Highlights

Fantastic price
Great location

Terrific floor plan

Executive Summary

THIS IS A TREMENDOUS OPPORTUNITY TO PURCHASE A TWO-STORY OFFICE CONDO BELOW ASSESSED VALUE!!! THIS UNIT IS PRICED TO SELL AT LESS THAN $193/SF!!! THE FIRST FLOOR CONSISTS OF A RECEPTION AREA, KITCHEN, BATHROOM, SIX OFFICES, AND A CONFERENCE ROOM. UPSTAIRS YOU ALSO HAVE A FULL KITCHEN, BATHROOM WITH SHOWER, ANOTHER OFFICE, AND OPEN WORK AREA. THIS UNIQUE DESIGN ALLOWS AN OWNER TO USE ONE FLOOR FOR THEMSELVES AND LEASE OUT THE OTHER FLOOR. OR, YOU CAN LEASE IT TO TWO SEPARATE TENANTS OR USE THE ENTIRE CONDO FOR YOUR OWN BUSINESS. IN ADDITION, THE TWO HEAT PUMPS ARE LESS THAN FIVE YEARS OLD AND THE WATER HEATER IS LESS THAN TWO YEARS OLD! THIS VERSATILE OFFICE CONDO COMES WITH FIVE PARKING SPACES TOO! THE PROPERTY IS ALSO IN A GREAT LOCATION, JUST OFF OF ROUTE 7 IN STERLING, VA. SHOPS AND RESTAURANTS ARE WITHIN EASY WALKING DISTANCE TO THIS EXTREMELY WELL-LOCATED OFFICE CONDO.

Property Facts

Price	£370,515	Building Class	B
Unit Size	2,418 SF	Number of Floors	3
No. Units	1	Typical Floor Size	8,333 SF
Total Building Size	25,000 SF	Year Built	2001
Property Type	Office (Unit) OfficeLoft Creative Space Office Medical	Lot Size	0.86 AC
Sale Type	Investment or Owner User	Parking Ratio	0.2/1,000 SF

Price	£370,515
Unit Size	2,418 SF
No. Units	1
Total Building Size	25,000 SF
Property Type	Office (Unit) OfficeLoft Creative Space Office Medical
Sale Type	Investment or Owner User
Building Class	B
Number of Floors	3
Typical Floor Size	8,333 SF
Year Built	2001
Lot Size	0.86 AC
Parking Ratio	0.2/1,000 SF

1 Unit Available

Unit 200

Unit Size	2,418 SF	Unit Use	Office
Price	£370,515	Sale Type	Investment or Owner User
Price Per SF	£153.23	No. Parking Spaces	5

Unit Size	2,418 SF
Price	£370,515
Price Per SF	£153.23
Unit Use	Office
Sale Type	Investment or Owner User
No. Parking Spaces	5

Description

Terrific two-story office condo allows for using one floor and leasing out the other, leasing to two separate tenants, or using the entire space yourselves.