Rector Companies Investment Acquisition

6/3/2022

WR's sister development company, The Rector Companies, is proud to announce our latest investment acquisition. The property is 118,000 SF of heavy industrial warehouse on approximately 5 acres located at 9126 Euclid Ct., Manassas, VA. It was acquired quickly with the help of George Charlton, acting as Purchaser Rep and was purchased for $12,500,000. This property is a value-add/repositioning investment and renovations will begin soon.

The property will be managed by WR Management, LLC. We'd like to thank all who participated with us in this investment including the investors, ECS, Christopher Companies, Summit Bank, and Vanderpool Frostick & Nishanian.

More information on The Rector Companies can be found at www.rectorcompanies.com. If you are interested in potentially investing with us in the future, please contact Coleman Rector at coleman@weber-rector.com.

George can be reached directly at george@weber-rector.com.

JUST SOLD! Industrial Investment

6/1/2022

Chuck Rector just sold a 10,400 SF flex/industrial building on 1.93 acres located at 11090 Industrial Rd., Manassas, VA. The property is zoned M-2; Light Industrial and sold for $2,500,000. This was an investment sale as the property is leased through 2024.

If you own an industrial property you are considering selling, now is the time! The industrial market is HOT and things are selling quickly. We'd also love to help if you are in the market for space for your business. Give us a call today.
(703) 330-1224

Chuck can be reached directly at chuck@weber-rector.com.

DEAL ANNOUNCEMENT - $12.75M Covered Land Play

7/7/2021

Coleman Rector, Chuck Rector, and Brian Snook recently worked together to complete the sale of 2.23 acres at 2731, 2799-2801 Merrilee Dr., Merrifield, VA. The property currently consists of 66,276 SF of industrial space that was fully leased at the time of the sale. The Purchaser will eventually develop this site for other uses. The property sold for $12,750,000.

If you own a property you are interested in selling or redeveloping, or if you are in the market for land or other commercial real estate to purchase, give us a call today! We'd love to help meet all of your commercial real estate needs!
(703) 330-1224

Coleman can be reached directly at coleman@weber-rector.com.
Chuck can be reached directly at chuck@weber-rector.com.
Brian can be reached directly at brian@weber-rector.com.

JUST SOLD - Investment Property in Fredericksburg

6/25/2021

Chuck Rector recently represented the purchaser in the acquisition of a, 8,422 SF office building on 1.32 acres located at 2105 Jefferson Davis Hwy, Fredericksburg, VA. The property is leased to an insurance company and was purchased as a 1031 exchange investment. It sold for $1,675,000 (7.7% Cap Rate).

If you own an office building or other type of commercial real estate you are interested in selling or leasing; or if you are in the market for an investment property or space for your business, give us a call today! We'd love to help meet all of your commercial real estate needs!
(703) 330-1224

Chuck can be reached directly at chuck@weber-rector.com.

JUST SOLD - Auto Sales Lot in Warrenton

6/14/2021

Chuck Rector recently sold a 1,900 SF auto sales building on 0.69 acres located at 5459 Old Alexandria Turnpike, Warrenton, VA. The property is leased to an automotive dealer and was purchased as an investment. It sold for $965,000.

If you own a retail building or other type of commercial real estate you are interested in selling or leasing; or if you are in the market for an investment property or space for your business, give us a call today! We'd love to help meet all of your commercial real estate needs!
(703) 330-1224

Chuck can be reached directly at chuck@weber-rector.com.

JUST SOLD - ABC Store in Waynesboro

6/14/2021

Chuck Rector recently represented the purchaser in the acquisition of a 3,800 SF retail building on 0.43 acres located at 219 Arch Ave., Waynesboro, VA. The property is leased to VA ABC and was purchased as an investment. It sold for $1,120,000.

If you own a retail building or other type of commercial real estate you are interested in selling or leasing; or if you are in the market for an investment property or space for your business, give us a call today! We'd love to help meet all of your commercial real estate needs!
(703) 330-1224

Chuck can be reached directly at chuck@weber-rector.com.

RECENTLY SOLD - Freestanding Office Building in Manassas

5/21/2021

Chuck Rector recently sold a 6,896 SF office building on 0.71 acres located at 9379 Forestwood Ln., Manassas, VA. The property is visible from Rt. 234 Bus/Sudley Rd. and partially leased. It sold for $1,350,000 ($195.77/sf).

If you own an office building, condo, or other type of commercial real estate you are interested in selling or leasing; or if you are in the market for space for your business, give us a call today! We'd love to help meet all of your commercial and industrial real estate needs!
(703) 330-1224

Chuck can be reached directly at chuck@weber-rector.com.

FOR SALE - NNN Leased Dialysis Center

4/30/2021

FULLY LEASED OFFICE CONDOS FOR SALE

9420 Forestwood Ln. Suite 100-105, Manassas, VA

Price: $2,500,000
Total Unit Size: 9,981 SF
NOI: $132,000
Cap Rate: 5.28%

Four first floor office condos totaling 9,981 SF (full floor minus common area lobby) leased to DaVita Dialysis on NNN basis. Original 10 year lease runs through 5/31/2025 with three 5 year renewal options. Rental rate escalates 10% every five years. 2021 NOI - $132,000. Located just off Sudley Rd. in established office park. Less than three quarters of a mile from Novant UVA Prince William Medical Center and just 1.5 miles from the PWC Courthouse. Less than 2 miles to Old Town Manassas shops & restaurants! This property is located within a qualified Opportunity Zone!

http://properties.weberrector.com/forestwood-dialysis

For more information contact:

BRIAN SNOOK

Weber Rector Commercial Real Estate Services, Inc.

9401 Battle Street,
Manassas, VA 20110

(O) 703.330.1224

Offering is subject to errors, omissions, prior sale, change in price, or withdrawal without notice.

JUST SOLD - NNN Investment Property

3/30/2021

Chuck Rector just sold the property at 13375 University Blvd., Gainesville, VA. The 19,000 SF building is fully leased to Caliber Collision and sold for $4,520,000 which is a cap rate of about 6.4%.

If you own a commercial, retail or industrial property that you are interested in selling/leasing, or if you are in the market for a commercial real estate investment or space for your business, give us a call today. Weber Rector would love to help meet all of your commercial real estate needs.
(703) 330-1224

Chuck can be reached directly at chuck@weber-rector.com.

JUST SOLD - NNN Investment Property

10/30/2020

Chuck Rector just sold the property at 8669 Phoenix Dr., Manassas, VA. The 7,890 SF dental lab is fully leased and sold for $1,040,000 which is a cap rate of 9.23%.

If you own a commercial or industrial property that you are interested in selling, or if you are in the market for a commercial real estate investment, give us a call today. Weber Rector would love to help meet all of your commercial real estate needs.
(703) 330-1224

Chuck can be reached directly at chuck@weber-rector.com.