For Sale
$1,875,000

13351 Riverside Dr Oakwood, VA 24631

Prime single-tenant government office, 8,676 SF, 1.08 acres.

Overview

Added:
Jan 13
Days on market:
105
This exceptional investment opportunity presents the chance to acquire a fee-simple interest in a single-tenant government office building located in Oakwood, Virginia. The property encompasses 1.08 acres and features a 8,676-square-foot, single-story office building constructed in 2004. Strategically situated along US Highway 460, this location offers unparalleled access to a significant population base, serving one of the world's most densely populated mining regions with nearly 60,000 residents within a ten-mile radius. The primary tenant is the U.S. General Services Administration, with the Mine Safety and Health Administration as the operator. This is one of four facilities operated by the tenant in District 5. The tenant has demonstrated long-term commitment, having occupied the property since its completion in 2004 and recently extending their lease for an additional ten years, with an expiration date of December 2034. The property offers a strong net operating income of $152,813, making it an attractive investment opportunity for discerning buyers. The asking price is $1,875,000.

Highlights

  • Prime 8,676 sq ft office building in Oakwood, VA, on 1.08 acres.
  • Single-tenant lease with the U.S. General Services Administration until 2034.
  • Strategically located on US Highway 460, near a major population center.

Property Details for 13351 Riverside Dr

Property type
Office properties, Medical offices
Square Feet
8,676 SF
Price / Square Foot
$216.11
Class
B
Year Built
2004
Total Parking Spaces
29
Elevators
N/A
Lot Size (sq. ft)
47,045 SF
Net Operating Income
$152,813

Location Insight

City
Oakwood
County
State
Virginia

FAQs

What type of property is this?
Office property - Prime single-tenant government office, 8,676 SF, 1.08 acres.
Where is the office property located?
The property is located at 13351 Riverside Dr Oakwood, VA.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Prime 8,676 sq ft office building in Oakwood, VA, on 1.08 acres.; Single-tenant lease with the U.S. General Services Administration until 2034.; Strategically located on US Highway 460, near a major population center.
How can I contact the broker?
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13351 Riverside Dr
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