Bought with Non Member • Metropolitan Regional Information Systems, Inc.
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $4,790,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 47,800 sqft
Price per Sqft $100
Subdivision Manassas
MLS Listing ID 1003288247
Year Built 1989
Annual Tax Amount $40,002
Tax Year 2017
Lot Size 4.592 Acres
Property Description
Fully leased to quality credit worthy tenant; 8 years on lease, expires March, 2026; NN net; Tenant responsible for taxes, insurance, maintenance; Landlord responsible for structural elements of building. NOI of $398,000, base with escalator of 2% each year; CAP 7.96; rounded up to 8%
Location
Province VA
County Manassas City
Zoning I1
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Metz
High Schools Osbourn
School District Manassas City Public Schools
Others
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Have a Question?
Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339