5372 Discovery Park BlvdWilliamsburg, VA 23188

This exceptional Class A, two-story medical office building, totaling 16,987 square feet, is situated on a 1.23-acre lot in Williamsburg, Virginia's desirable New Town community. Built in 2007, the property boasts a 100% occupancy rate with six diverse tenants, generating a substantial net operating income (NOI) of $308,625. The building features ample parking (3.25 spaces per 1,000 square feet) and benefits from annual rent bumps. Located within a thriving mixed-use development, this investment opportunity offers a strong stabilized cash flow with a 7.75% cap rate and an asking price of $3,980,000 ($234.30 per square foot). The property is zoned MU (Mixed Use), providing flexibility for future expansion or redevelopment. The average weighted lease term is 4.23 years, ensuring long-term stability. Utilities are serviced by Dominion Power (electric), Virginia Natural Gas, and James City County (water/sewer). This is a prime opportunity to acquire a high-performing asset in a sought-after location. The property's strong tenant roster and location within a vibrant community contribute to its exceptional investment potential.