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240-254 Airport Rd - Aviation Business Center West 2,000 - 15,000 SF Condo Units Offered at $474,613 - $3,489,800 CAD Per Unit in Winchester, VA 22602
INVESTMENT HIGHLIGHTS
- Accessible via I81 Exit 313, Front Royal Pike to Airport Road.
EXECUTIVE SUMMARY
This property is located near I-81. This makes the property quite accessible for both commuters and residents.
PROPERTY FACTS
| Total Building Size | 70,000 SF | Typical Floor Size | 35,000 SF |
| Property Type | Flex | Year Built | 2007 |
| Property Subtype | Light Distribution | Lot Size | 5.33 AC |
| Building Class | B | Parking Ratio | 1.71/1,000 SF |
| Floors | 2 | ||
| Zoning | M-1 | ||
| Total Building Size | 70,000 SF |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 35,000 SF |
| Year Built | 2007 |
| Lot Size | 5.33 AC |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | M-1 |
AMENITIES
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
5 UNITS AVAILABLE
Unit 240-1
| Unit Size | 2,000 SF | Condo Use | Office |
| Price | $474,613 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $237.31 CAD |
| Unit Size | 2,000 SF |
| Price | $474,613 CAD |
| Price Per SF | $237.31 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
DESCRIPTION
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. Also available for lease @ $2192/month (represents $10.50 PSF + $2.65 PSF NNN). *NO AUTO REPAIR*
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Unit 242
| Unit Size | 4,350 SF | Condo Use | Flex |
| Price | $1,093,005 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $251.27 CAD |
| Unit Size | 4,350 SF |
| Price | $1,093,005 CAD |
| Price Per SF | $251.27 CAD |
| Condo Use | Flex |
| 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
| Unit Size | 5,000 SF | Sale Type | Investment |
| Price | $1,254,932 CAD | Cap Rate | 6.30% |
| Price Per SF | $250.99 CAD | NOI | $79,060.72 CAD |
| Condo Use | Flex | Sale Conditions | 1031 Exchange |
| Unit Size | 5,000 SF |
| Price | $1,254,932 CAD |
| Price Per SF | $250.99 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| NOI | $79,060.72 CAD |
| 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.
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Unit 252
| Unit Size | 15,000 SF | Sale Type | Investment |
| Price | $3,489,800 CAD | Cap Rate | 5.94% |
| Price Per SF | $232.65 CAD | NOI | $207,294.13 CAD |
| Condo Use | Office | Sale Conditions | 1031 Exchange |
| Unit Size | 15,000 SF |
| Price | $3,489,800 CAD |
| Price Per SF | $232.65 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 5.94% |
| NOI | $207,294.13 CAD |
| Sale Conditions | 1031 Exchange |
DESCRIPTION
Multi Tenant Office Complex, 100% Occupied, FOR SALE! Located in Winchester/Frederick County, the fastest growing metro area for the fourth consecutive year in 2024! 15K SF fully occupied with three great credit tenants! All are triple net leases. Two of three have had multiple renewals. Lease term are in Bright documents or contact listing agent for rent roll. Sold fully occupied. Ideal 1031 investment. Can also be sold to end user, contact Agent for details. Asking $2.5M. Reasonable offers considered. Current NOI is $148K/year. Property is all brick and masonry construction and in Class A excellent condition, located immediately off interstate + excellent commuter/high growth location! NO SHOWINGS BEFORE RENT ROLL REVIEW AND DRIVE BYS. 48 HOURS REQUIRED. SERIOUS BUYERS ONLY WILL BE SCHEDULED. TENANT OCCUPIED.
SALE NOTES
Multi Tenant Office Complex, 100% Occupied, FOR SALE! Located in Winchester/Frederick County, the fastest growing metro area for the fourth consecutive year in 2024! 15K SF fully occupied with three great credit tenants! All are triple net leases. Two of three have had multiple renewals. Lease term are in Bright documents or contact listing agent for rent roll. Sold fully occupied. Ideal 1031 investment. Can also be sold to end user, contact Agent for details. Asking $2.5M. Reasonable offers considered. Current NOI is $148K/year. Property is all brick and masonry construction and in Class A excellent condition, located immediately off interstate + excellent commuter/high growth location! NO SHOWINGS BEFORE RENT ROLL REVIEW AND DRIVE BYS. 48 HOURS REQUIRED. SERIOUS BUYERS ONLY WILL BE SCHEDULED. TENANT OCCUPIED.
Unit 240-2
| Unit Size | 3,088 SF | Condo Use | Office |
| Price | $530,450 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $171.78 CAD |
| Unit Size | 3,088 SF |
| Price | $530,450 CAD |
| Price Per SF | $171.78 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
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240-254 Airport Rd - Aviation Business Center West
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