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211-321 Park Hill Dr
Fredericksburg, VA 22401
311 & 301 Park Hill Ave Portfolio · Office Property For Sale · 5,000 SF Total

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INVESTMENT HIGHLIGHTS

  • 7.1% cap rate with scheduled annual rent increases
  • Ample parking and easy patient access within Park Hill
  • Minimal owner responsibilities for low-maintenance management
  • Three long-term medical and wellness tenants
  • Highly desirable healthcare location across from the hospital

EXECUTIVE SUMMARY

311 & 301 Park Hill Ave. over 5,000 SF of fully leased medical office space positioned directly across from Mary Washington Hospital. The property sits within the established Park Hill Office Complex, providing tenants excellent patient access, visibility, and long-term stability. With a diverse mix of medical and wellness users and minimal landlord responsibilities, this asset delivers a turnkey, low-maintenance investment in Fredericksburg’s most active healthcare corridor.

PROPERTY FACTS

Price / SF $445.39 CAD / SF
Cap Rate 7.13%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 5,000 SF

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
211-321 Park Hill Dr, 1st Floor - Unit 301B & C, Fredericksburg, VA 22401 Medical Condo 3,000 SF 2002 -
211-321 Park Hill Dr, 1st Floor - Unit 311, Fredericksburg, VA 22401 Medical Condo 1,000 SF 2002 -
211-321 Park Hill Dr, 1st Floor - Unit 301, Fredericksburg, VA 22401 Medical Condo 1,000 SF 2002 -
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  • Listing ID: 32908363

  • Date on Market: 2024-08-21

  • Last Updated:

  • Address:

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