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Executive Summary

9,200+ square foot medical condominium leased to a university medical tenant. Current lease runs through May 2031 with a 5-year option. 2% annual increases. The lease is NNN and is based on a "shell" building; the tenant completed all the interior medical build-out.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,226 SF
Building Class
B
Year Built
2011
Price
$2,743,124 CAD
Price Per SF
$297.33 CAD
Cap Rate
6.17%
NOI
$169,179 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,226 SF
Zoning
HI

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • UVA Pediatrics
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
UVA Pediatrics - 99,999 SF - Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 41445219

  • Date on Market: 2026-07-27

  • Last Updated:

  • Address: 16244 Bennett Rd, Culpeper, VA 22701

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