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9420 Forestwood Ln
Manassas, VA 20110 Manassas

$2,700,000 USD

Medical Condo For Sale  •  9,981 SF

Property Details

  • Property Type Medical
  • Total Building Size 19,962 SF
  • Lot Size 3.05 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 5.37 %
  • Tenancy Multiple
  • Zoning B-1
21 Transit Score
31 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 100 Medical Office 9,981 SF $2,700,000 USD
  • Unit Size: 9,981 SF
  • Condo Use: Medical Office
  • Price: $2,700,000 USD
  • Sale Type: Investment
  • Price/SF: $270.51 USD
Description
Full first floor, units 100, 103, 104, & 105

Sale Notes
Four first-floor office condos totaling 9,981 SF (full floor minus common area lobby) leased to DaVita Dialysis on a NNN basis. This nationally recognized medical tenant has occupied the space since 2015 and recently exercised the first of three 5-year renewal options, extending their lease through 5/31/2030. The current monthly rent is $12,077.01, reflecting a 10% escalation per the lease terms. Annual net operating income is $144,924, resulting in a 5.37% cap rate. An excellent opportunity to acquire a stable, long-term healthcare investment.

Located just off Sudley Rd. in established office park. Less than three quarters of a mile from Novant UVA Prince William Medical Center and just 1.5 miles from the PWC Courthouse. Less than 2 miles to Old Town Manassas shops & restaurants! This property is located within a qualified Opportunity Zone!

Property Flyers

Financial Summary

Cap Rate: 5.37 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
DaVita Kidney Care

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Manassas (Manassas Line - Virginia Railway Express) 6 min - 1.6 mi
Manassas Park (Manassas Line - Virginia Railway Express) 13 min - 4.1 mi
AirportDriveWalkDistance
Washington Dulles International 36 min - 20.8 mi
Ronald Reagan Washington Ntl 50 min - 35.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 85
Type: Surface
Included in Rent: Yes
Brian Snook 703-863-1895 Weber Rector Commercial Real Estate Services
Brian Snook 703-863-1895 Weber Rector Commercial Real Estate Services