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9506 Hospital Ave

3,474 SF Office Building Nassawadox, VA 23413 £393,425 (£113/SF) 8% Net Initial Yield

Investment Highlights

  • Located near a pharmacy, nursing and rehabilitation facility.
  • Federal HUB Zone and VA Enterprise Zone.

Executive Summary

3,474 sf stand alone Medical Office Building that is 100% leased by Sentara Healthcare through 10/31/27.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,474 SF
Building Class
B
Year Built/Renovated
1991/2022
Price
£393,425
Price Per SF
£113
Net Initial Yield
8%
NOI
£31,474
Tenancy
Single
Number of Floors
1
Typical Floor Size
3,474 SF
Building FAR
0.17
Lot Size
0.46 AC
Zoning
CG - Commercial/Industrial
Parking
18 Spaces (5.18 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Conferencing Facility
  • Security System
  • Signage
  • Storage Space
  • Central Heating
  • Natural Light
  • Recessed Lighting
  • Wi-Fi
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21A1-A-116A1
Land Assessment
£18,098
Improvements Assessment
£102,605
Total Assessment
£120,703
  • Listing ID: 29941269

  • Date on Market: 01/11/2023

  • Last Updated:

  • Address: 9506 Hospital Ave, Nassawadox, VA 23413

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