Property details

Leesburg NNN Investment, Northeast Region

Property Description

Leesburg NNN Investment

Property is located in the heart of the growing downtown Leesburg area in Affluent Loudoun County. Leesburg is Experiencing the Highest Population Growth in Northern Virginia. This property is located next to new multifamily development



Net Lease Properties For Sale



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Highlights

Status:
Available
Price:
$3,125,000
PSF:
$347
Cap Rate:
6.35%
Annual Rent:
$199,091
Rent Increases:
3% Annual Increase
 

Property Information

Building Size:
9,000 sq.ft.
Property Type:
Net Lease
Industry Type:
Office
Units/Spaces:
1
Year Built:
1990
Land Area:
0.46 acres
Purchase Tenure:
Fee Simple
 

Lease information

Lease Type:
NNN
Lease Commencement:
10/29/2018
Lease Expiration:
10/29/2018
Lease Remaining:
7.0 years
Landlord Responsibilities:
NNN
Options:
Inquire
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.