For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,507 sqft
Price per Sqft $161
Subdivision Epic At Dulles South
MLS Listing ID VALO410200
Sold Date 07/30/20
HOA Y/N N
Originating Board BRIGHT
Year Built 2007
Annual Tax Amount $10,499
Tax Year 2020
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Industrial Opportunity located in Loudoun County off of Rt 50. This condominium is currently leased by Number 1 Auto Group until July 31, 2021 with one 2-year renewal option.PROPERTY HIGHLIGHTS Gross Rental Income: $85,524/yr Additional Income: $7,210.50/yr (tenant-pays condo fee) 1 x 2 Year Renewal Option Personally Guaranteed Lease Repairs - Tenant Pays Utilities - Tenant Pays Liability Insurance - Tenant Pays Property Taxes: $10,399.16 (Landlord Pays)NOI :$82,335.00GOI: $92,735CAP RATE: 6.1OCCUPANCY: 100.0%LEASE START DATE: July 1, 2019LEASE EXPIRATION DATE: July 31, 2021RENEWAL OPTION : 1 x 2 YearsTENANCY Single:
Location
State VA
County Loudoun
Zoning 05
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 40.0
Water Access N
Accessibility 2+ Access Exits, >84\" Garage Door, Level Entry - Main
Total Parking Spaces 40
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Loudoun County Public Schools
Others
Tax ID 070354376035
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Joseph N Serafin • Serafin Real Estate
GET MORE INFORMATION
Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506