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Investment Highlights

  • Approximate 18,000 sq. ft. office building

Executive Summary

This approximately 18,000 sq. ft. office building provides various workspace options, including private office suites as well as individual offices. The building offers flexible office spaces to accommodate various business sizes and requirements. The building offers a near 100% occupancy rate maintained for the past two years. The building suites are currently fully occupied. The individual suites present an opportunity for additional revenue of $26,700.
Possibility of vacating the individual office tenants and the owner occuping part or the entire 3rd floor.
Don’t miss out! Contact us today for more information or to schedule a viewing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,000 SF
Building Class
B
Year Built
1998
Price
$2,876,491 CAD
Price Per SF
$159.81 CAD
Cap Rate
5.96%
NOI
$171,518 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,000 SF
Slab To Slab
11’
Building FAR
0.66
Lot Size
0.63 AC
Zoning
B-1, B-2
Parking
73 Spaces (5.64 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
8704-85-4719
Land Assessment
$313,139 CAD
Improvements Assessment
$602,706 CAD
Total Assessment
$915,845 CAD
  • Listing ID: 34369870

  • Date on Market: 2025-01-04

  • Last Updated:

  • Address: 7300 Hanover Green Dr, Mechanicsville, VA 23111

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