For Sale
$2,700,000

252 Airport Rd Winchester, VA 22602

15,000 SF, 100% Occupied, Triple Net Leases

Overview

Added:
Feb 13
Days on market:
71
This exceptional investment opportunity presents a fully occupied, 15,000 square foot multi-tenant office complex situated in Winchester, Virginia, a rapidly growing metropolitan area. Located at 252 Airport Road SUITE 1A, Winchester, VA 22602, this Class A property boasts all-brick and masonry construction, ensuring superior durability and aesthetics. The complex enjoys a prime location immediately off an interstate, providing excellent commuter access and benefiting from the area's robust growth. Currently generating a net operating income (NOI) of $148,000 annually, this property is offered at an asking price of $2,700,000. The three tenants, all possessing strong credit ratings, are bound by triple net leases. Two of these leases have been renewed multiple times, demonstrating tenant satisfaction and long-term stability. Detailed lease terms are available upon request. This property presents an ideal 1031 exchange opportunity for investors seeking a high-performing asset in a thriving market. Alternatively, it is also well-suited for an end-user seeking a turnkey, high-quality office space. The property's exceptional location, strong tenant base, and impressive NOI make it a compelling investment prospect.

Highlights

  • $2,700,000 asking price.
  • 15,000 SF multi-tenant office complex in Winchester, VA.
  • 100% occupied with three credit tenants on triple-net leases.
  • Excellent location, immediately off interstate, in a high-growth area.
  • Strong current NOI of $148,000 annually.
  • Ideal 1031 exchange opportunity.

Property Details for 252 Airport Rd

Property type
Land, Farms

Location Insight

City
Winchester
County
Winchester City
State
Virginia
Latitude
39.1442227
Longitude
-78.1550281

FAQs

What type of property is this?
Land - 15,000 SF, 100% Occupied, Triple Net Leases
Where is the land located?
The property is located at 252 Airport Rd Winchester, VA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: $2,700,000 asking price.; 15,000 SF multi-tenant office complex in Winchester, VA.; 100% occupied with three credit tenants on triple-net leases.
How can I contact the broker?
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252 Airport Rd
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