Investment Property
8669 Phoenix Dr., Manassas, VA 20110
- Price: $1,490,000
- Lot Size: 1.04 Acres
- Building Size: 7,890 SF
- Cap Rate: 6.44
- NOI: $96,000
Great investment opportunity! Approximately 7,980 SF dental lab. 1.04 acre lot with 69 parking spaces. Currently leased through 7/31/2022 (flat rate lease) with a 5 year option to renew (at a 12.5% rental escalation). Current Net Operating Income of $96,000 with a Cap Rate of 6.44%!
Excellent location less than one tenth of a mile off Rt. 28/Centreville Rd. Easy access to I-66. Approximately 1.5 miles from Old Town Manassas.
http://properties.weberrector.com/go/50d-06b-d9e-0a4
For more information contact:
CHUCK RECTOR
Principal
Weber Rector Commercial Real Estate Services, Inc.
9401 Battle Street,
Manassas, VA 20110
(O) 703.330.1224