Redwood Square Center 6101 Redwood Square Ctr 29 244 pi² 100% Loué Bureau Immeuble Centreville, VA 20121 12 363 480 $ CAD (422,77 $ CAD/pi²) 7,50% Taux de capitalisation

Citiscape Commercial is pleased to present a unique investment opportunity, offering the chance to acquire fee simple interest in this property. The investment features a competitive CAP rate of 7.5%, making it an attractive option for investors seeking solid returns. Additionally, there is significant potential to further enhance the CAP rate through an all-cash purchase, providing increased value and improved financial performance for prospective buyers.
This office condominium is 90% occupied by established tenants, primarily consisting of reputable medical and professional service providers who cater to the surrounding neighborhood. The tenant roster reflects a strong presence of well-established businesses within their respective fields, ensuring stability and reliability.
The building has been consistently well-maintained, with main corridors equipped with energy-efficient auto-LED lighting. This enhances operational efficiency and reduces overall energy consumption. The property features three levels constructed with all-brick materials, accessible by an elevator, and provides two entrances along with Three-story medical office building visible from Centreville Road. A parking arrangement provides an overall ratio of approximately 4.74 spaces per 1,000 SF.