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Investment Highlights

  • Class Office Condominium Investment totaling 4,200 SF
  • Strong NOI $53,330.48
  • Asking $828,000 for all three; Unite #1 - $378,000; Unit #2 - $234,000; Unit #3 - $216,000
  • Prime Visibility with 12,782 ADT

Executive Summary

Class A office condominium investment totaling 4,200 SF across three units on ±0.621 acres in Strasburg, VA. Fully leased to Edward Jones (anchor), Admiral Security Services, and Horizon Goodwill with staggered expirations through 2028. Public utilities, strong NOI of $53,220.48, and prime visibility with 12,782 ADT.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,493 SF
Building Class
B
Year Built
2004
Price
$1,139,179 CAD
Price Per SF
$152.03 CAD
Cap Rate
6.43%
NOI
$73,222 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.62 AC
Zoning
Commercial
Parking
50 Spaces (6.67 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Edward D. Jones Company
  • Finance and Insurance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

In 1902, a Methodist minister, Reverend Edgar J. Helms, pioneered an organization in Boston’s South End that gave people hope, dignity, and independence. Fifty-three years later, a small group of concerned Hagerstown businessmen saw the need for their community to join Rev. Helms’ movement, now known as Goodwill Industries, which became the 100th Goodwill franchise in the United States. At that time, Hagerstown was the smallest city in America to have such a franchise. The founders were Richard Grumbacher, Max Greenwald, D. E. Stultz, J. H. Bayliss, Harold Porter, and David W. Byron. Harvey Kettering was hired as the first CEO of the new organization. By August 1955, 17 persons were employed, and their first store was opened on September 30, 1955. Mr. Kettering served in his role as CEO until 1959. During his tenure, stores were opened in Hagerstown, Hancock, Cumberland, Waynesboro, and Martinsburg.

  • Red Coats, Inc.
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Edward D. Jones Company Finance and Insurance - $9.99 Lorem Ipsum Jan 0000
Retailer - $9.99 Lorem Ipsum Jan 0000
Red Coats, Inc. - - $9.99 Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Anytime Fitness
United Bank
City National Bank
Denny's
Food Lion
  • Listing ID: 39891627

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 113 Founders Way, Strasburg, VA 22657

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