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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
Waterfront N
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
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Bought with Joseph N Serafin • Serafin Real Estate