Infinity Building and Lot | 8703 Studley Rd
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Infinity Building and Lot 8703 Studley Rd
14,000 SF 100% Leased Office Building Mechanicsville, VA 23116 £4,314,255 (£308/SF) 6% Net Initial Yield
Investment Highlights
- 100% Leased Income Producing Building and Lot
- 7.5 Acre Lot with over 4 Acres Open for Development
Executive Summary
Infinity Building and Lot for Sale - 100% Leased - 7.5 Acre Lot with over 4 Acres Open for Development - Cap Rate 6% for Office Building
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,000 SF
Building Class
A
Year Built/Renovated
2007/2017
Price
£4,314,255
Price Per SF
£308
Net Initial Yield
6%
NOI
£258,855
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
14,000 SF
Building FAR
0.04
Land Acres
7.50 AC
Zoning
M-1 LIGHT - Light Industrial
Amenities
- Fitness Centre
- Food Service
- Security System
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 8706-10-5216 | Improvements Assessment | £1,300,787 |
| Land Assessment | £867,165 | Total Assessment | £2,167,952 |
PROPERTY TAXES
Parcel Number
8706-10-5216
Land Assessment
£867,165
Improvements Assessment
£1,300,787
Total Assessment
£2,167,952
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Ben Mahone - Mahone Properties LLC
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Infinity Building and Lot | 8703 Studley Rd
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