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Investment Highlights

  • Accessible via I81 Exit 313, Front Royal Pike to Airport Road.

Executive Summary

2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.

5 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 240-1
  • 2,000 SF
  • Flex
  • $467,068 CAD ($233.53 CAD/SF)
  • $28,848.33 CAD
Sale Type Investment or Owner User
Cap Rate 6.18%
Description
3 YEAR NNN LEASE IN PLACE - through January 2028! Warehouse/Garage Condo FOR SALE, Frederick County, Aviation Business Park.  2000 SF for $340k. Large Roll Up Door, 9 ft high x 10 ft wide. Ideal for engineering, distribution, contractor services, equipment storage, etc. Meticulous flex business park. Plenty of parking. Clean garage/flex with ADA bath. Available Immediately. Current income $2192/month (represents $10.50  PSF + $2.65 PSF NNN). 3% annual increases and renewals.
Sale Notes
3 YEAR NNN LEASE IN PLACE - through January 2028! Warehouse/Garage Condo FOR SALE, Frederick County, Aviation Business Park.  2000 SF for $340k. Large Roll Up Door, 9 ft high x 10 ft wide. Ideal for engineering, distribution, contractor services, equipment storage, etc. Meticulous flex business park. Plenty of parking. Clean garage/flex with ADA bath. Available Immediately. Current income $2192/month (represents $10.50  PSF + $2.65 PSF NNN). 3% annual increases and renewals.
  • Unit 242
  • 4,350 SF
  • Flex
  • $1,075,631 CAD ($247.27 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west
of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking.
Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K
Sale Notes
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west
of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking.
Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K
  • Unit 250
  • 5,000 SF
  • Flex
  • $1,234,983 CAD ($247.00 CAD/SF)
  • $77,803.94 CAD
Sale Type Investment
Cap Rate 6.30%
Sale Conditions 1031 Exchange
Description
All brick, excellent condition, Leased Flex/Industrial for Sale, Winchester, VA. Leased through August 2030. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse.  Sold with Long-term tenant in place, NNN lease terms.  $57K+/- year NOI. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues, paid by tenant . Asking $899K. Approx. 6.3% CAP. Solid 1031 Option.
Sale Notes
All brick, excellent condition, Leased Flex/Industrial for Sale, Winchester, VA. Leased through August 2030. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse.  Sold with Long-term tenant in place, NNN lease terms.  $57K+/- year NOI. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues, paid by tenant . Asking $899K. Approx. 6.3% CAP. Solid 1031 Option.
  • Unit 252
  • 7,082 SF
  • Office
  • $1,624,702 CAD ($229.41 CAD/SF)
  • -
Sale Type Owner User
No. Parking Spaces 50
Description
7082 SF, Prime Office Available for Lease & Sale, Winchester, VA. Located in established business park, all brick construction, super clean and ready for Q3 occupancy! Large open office concepts with multiple executive offices. Large breakroom, multiple M/W bathrooms, and bright, welcoming lobby. TONS OF FREE PARKING! High speed internet, Enterprise Zone benefits! $12 PSF + $2.65 NNN. Showings sched. M-F, 8a - 5p. Also listed for sale, $1,182,694. Optional, additional 3K SF of offices available on separate 2nd floor for a total of 10K+ if needed!
  • Unit 240-2
  • 2,000 SF
  • Office
  • $522,017 CAD ($261.01 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.
Sale Notes
2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.
Unit Unit Size Condo Use Price NOI
Unit 240-1 2,000 SF Flex $467,068 CAD ($233.53 CAD/SF) $28,848.33 CAD
Unit 242 4,350 SF Flex $1,075,631 CAD ($247.27 CAD/SF) -
Unit 250 5,000 SF Flex $1,234,983 CAD ($247.00 CAD/SF) $77,803.94 CAD
Unit 252 7,082 SF Office $1,624,702 CAD ($229.41 CAD/SF) -
Unit 240-2 2,000 SF Office $522,017 CAD ($261.01 CAD/SF) -

Unit 240-1

Unit Size
2,000 SF
Condo Use
Flex
Price
$467,068 CAD ($233.53 CAD/SF)
NOI
$28,848.33 CAD

Unit 242

Unit Size
4,350 SF
Condo Use
Flex
Price
$1,075,631 CAD ($247.27 CAD/SF)
NOI
-

Unit 250

Unit Size
5,000 SF
Condo Use
Flex
Price
$1,234,983 CAD ($247.00 CAD/SF)
NOI
$77,803.94 CAD

Unit 252

Unit Size
7,082 SF
Condo Use
Office
Price
$1,624,702 CAD ($229.41 CAD/SF)
NOI
-

Unit 240-2

Unit Size
2,000 SF
Condo Use
Office
Price
$522,017 CAD ($261.01 CAD/SF)
NOI
-

Unit 240-1

Unit Size 2,000 SF
Condo Use Flex
Price $467,068 CAD ($233.53 CAD/SF)
NOI $28,848.33 CAD
Sale Type Investment or Owner User
Cap Rate 6.18%
Description
3 YEAR NNN LEASE IN PLACE - through January 2028! Warehouse/Garage Condo FOR SALE, Frederick County, Aviation Business Park.&nbsp;&nbsp;2000 SF for $340k. Large Roll Up Door, 9 ft high x 10 ft wide. Ideal for engineering, distribution, contractor services, equipment storage, etc. Meticulous flex business park. Plenty of parking. Clean garage/flex with ADA bath. Available Immediately. Current income $2192/month (represents $10.50&nbsp;&nbsp;PSF + $2.65 PSF NNN). 3% annual increases and renewals.</li></ul>
Sale Notes
3 YEAR NNN LEASE IN PLACE - through January 2028! Warehouse/Garage Condo FOR SALE, Frederick County, Aviation Business Park.&nbsp;&nbsp;2000 SF for $340k. Large Roll Up Door, 9 ft high x 10 ft wide. Ideal for engineering, distribution, contractor services, equipment storage, etc. Meticulous flex business park. Plenty of parking. Clean garage/flex with ADA bath. Available Immediately. Current income $2192/month (represents $10.50&nbsp;&nbsp;PSF + $2.65 PSF NNN). 3% annual increases and renewals.</li></ul>

Unit 242

Unit Size 4,350 SF
Condo Use Flex
Price $1,075,631 CAD ($247.27 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west<br> of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking.<br> Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K</li></ul>
Sale Notes
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west<br> of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking.<br> Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K</li></ul>

Unit 250

Unit Size 5,000 SF
Condo Use Flex
Price $1,234,983 CAD ($247.00 CAD/SF)
NOI $77,803.94 CAD
Sale Type Investment
Cap Rate 6.30%
Sale Conditions 1031 Exchange
Description
All brick, excellent condition, Leased Flex/Industrial for Sale, Winchester, VA. Leased through August 2030. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse.&nbsp;&nbsp;Sold with Long-term tenant in place, NNN lease terms.&nbsp;&nbsp;$57K+/- year NOI. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues, paid by tenant . Asking $899K. Approx. 6.3% CAP. Solid 1031 Option.</li></ul>
Sale Notes
All brick, excellent condition, Leased Flex/Industrial for Sale, Winchester, VA. Leased through August 2030. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse.&nbsp;&nbsp;Sold with Long-term tenant in place, NNN lease terms.&nbsp;&nbsp;$57K+/- year NOI. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues, paid by tenant . Asking $899K. Approx. 6.3% CAP. Solid 1031 Option.</li></ul>

Unit 252

Unit Size 7,082 SF
Condo Use Office
Price $1,624,702 CAD ($229.41 CAD/SF)
NOI -
Sale Type Owner User
No. Parking Spaces 50
Description
7082 SF, Prime Office Available for Lease &amp; Sale, Winchester, VA. Located in established business park, all brick construction, super clean and ready for Q3 occupancy! Large open office concepts with multiple executive offices. Large breakroom, multiple M/W bathrooms, and bright, welcoming lobby. TONS OF FREE PARKING! High speed internet, Enterprise Zone benefits! $12 PSF + $2.65 NNN. Showings sched. M-F, 8a - 5p. Also listed for sale, $1,182,694. Optional, additional 3K SF of offices available on separate 2nd floor for a total of 10K+ if needed!</li></ul>

Unit 240-2

Unit Size 2,000 SF
Condo Use Office
Price $522,017 CAD ($261.01 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.</li></ul>
Sale Notes
2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette. Currently leased month to month. Ideal for end user or investor. Asking price is $380,000.</li></ul>

Property Facts

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 64,000 SF
Property Type Flex
Property Subtype
Light Distribution
  • OfficeLoft Creative Space
Building Class B
Floors 2
Typical Floor Size 32,000 SF
Year Built 2007
Lot Size 3.09 AC
Parking Ratio 1.88/1,000 SF
Zoning M-1 - 2000 SF Office for Sale. Excellent condition and location, tons of FREE parking. Combo of open office space and private, plus a nice kitchenette.

Amenities

  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 34566748

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: 240-252 Airport Rd, Winchester, VA 22602

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