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4609 Pinecrest Office Park Dr
Alexandria, VA 22312 Lincolnia

$785,000 USD

Medical Condo For Sale  •  1,210 SF

Property Details

  • Property Type Medical
  • Total Building Size 16,600 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1986
  • Cap Rate 7.70 %
  • Tenancy Multiple
  • Zoning C-2 (Limited Office)
34 Transit Score
67 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit C Medical Office 1,210 SF $785,000 USD
  • Unit Size: 1,210 SF
  • Condo Use: Medical Office
  • Price: $785,000 USD
  • Sale Type: Investment
  • Price/SF: $648.76 USD
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.

Highlights

7.7% Cap Rate, NNN Lease
Dental Lab Space w/ Nuvia Dental, NNN Lease
7 year term, expiring March 31, 2030
3% annual escalations

Property Flyers

Financial Summary

Cap Rate: 7.70 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Deska Services
Law Office Of E F Robinson
Stargate Systems Inc
Tax Consultants
The BRT Training Center, LLC.
Weight Loss Clinic Alexandria

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Golf Course
  • Kitchen
  • High Ceilings
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Backlick Road (Manassas Line - Virginia Railway Express) 7 min - 3.3 mi
Franconia-Springfield (Fredericksburg Line - Virginia Railway Express) 15 min - 7.3 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 16 min - 8.4 mi
Washington Dulles International 41 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Kayvan Mehrbakhsh 703-734-2822 K&M Commercial Real Estate
Kayvan Mehrbakhsh 703-734-2822 K&M Commercial Real Estate