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4609 Pinecrest Office Park Dr 1,210 SF Office/Medical Condo Unit Offered at $1,070,928 CAD in Alexandria, VA 22312
Investment Highlights
- 7.7% Cap Rate, NNN Lease
- 7 year term, expiring Aug 31, 2030
- Dental Lab Space w/ Nuvia Dental, NNN Lease
- 3% annual escalations
1 Unit Available
Unit C
| Unit Size | 1,210 SF | Sale Status | Under Contract |
| Price | $1,070,928 CAD | Cap Rate | 7.70% |
| Price Per SF | $885.06 CAD | NOI | $82,461.49 CAD |
| Condo Use | Office/Medical | No. Parking Spaces | 40 |
| Sale Type | Investment | APN/Parcel ID | 07-2-12-803-C, 07-2-12-803-D |
| Unit Size | 1,210 SF |
| Price | $1,070,928 CAD |
| Price Per SF | $885.06 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 7.70% |
| NOI | $82,461.49 CAD |
| No. Parking Spaces | 40 |
| APN/Parcel ID | 07-2-12-803-C, 07-2-12-803-D |
Description
Selling both units, C &D. Tenant currently occupies both.
Sale Notes
K & M Commercial as the exclusive brokerage firm is happy to present this NNN medical investment property w/ a 7.7% cap rate. Occupied by Nuvia Dental Implants and Lab. Newly built out medical and dental office located on the first level at Pinecrest Office Park. 7 year term w/ 4+plus years remaining on lease term. Annual 3% escalation's w/ all responsibilities' on Tenant. One, 3 year option in place.
+7 More
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Property Facts Under Contract
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 16,600 SF | Typical Floor Size | 4,500 SF |
| Property Type | Office (Condo) | Year Built | 1986 |
| Property Subtype | Medical | Lot Size | 0.15 AC |
| Building Class | C | Parking Ratio | 2.41/1,000 SF |
| Floors | 2 | ||
| Zoning | C-2 (Limited Office) - Uses; medical/dental office, professional, general business, personal services. | ||
| Total Building Size | 16,600 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 4,500 SF |
| Year Built | 1986 |
| Lot Size | 0.15 AC |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | C-2 (Limited Office) - Uses; medical/dental office, professional, general business, personal services. |
Amenities
- 24 Hour Access
- Conferencing Facility
- Golf Course
- Kitchen
- High Ceilings
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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4609 Pinecrest Office Park Dr
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