For Sale
Call for price

18 Williamsburg RdSandston, VA 23150

High-yield investment, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity encompasses a fully leased office complex situated at 18-36 W. Williamsburg Rd, Sandston, VA 23150. The property comprises three parcels totaling 1.09 acres and features a combined 13,984 square feet of space. The main building at 18 W. Williamsburg Rd offers 3,504 square feet of office space on a 0.12-acre lot zoned B-1. A second building, located at 20-30 W. Williamsburg Rd, spans 10,480 square feet, including 7,000 square feet of office/retail space and a 3,480 square foot warehouse with two drive-in doors. This building sits on a 0.66-acre lot zoned B-3c. Finally, a 0.31-acre lot zoned B-1 is also included at 36 W. Williamsburg Rd. The entire complex benefits from a highly desirable location, within 1.5 miles of I-64 and Richmond International Airport. This fully leased property offers a compelling investment opportunity with a projected cap rate of 7.25% - 7.50%. The property's zoning (B-1 & B-3) allows for a variety of uses, ensuring long-term value and potential for future growth. Detailed financial information is available upon request.

Highlights

  • Fully Leased Investment Opportunity.
  • 18 W Williamsburg Rd: 3,504 SF office building on a 0.12-acre lot, B-1 zoning.
  • 20-30 W Williamsburg Rd: 10,480 SF building (7,000 SF office/retail, 3,480 SF warehouse with two drive-in doors) on a 0.66-acre lot, B-3c zoning.
  • 36 W Williamsburg Rd: 0.31-acre lot, B-1 zoning.
  • Excellent location, within 1.5 miles of I-64 and Richmond International Airport.
  • Offered for sale; projected cap rate 7.25% - 7.50%.

Property Details for 18 Williamsburg Rd

Property type
Office properties
Square Feet
13,984 SF
Lot Size (sq. ft)
47,480 SF

Location Insight

City
Sandston
County
Henrico
State
Virginia
Latitude
37.5234893
Longitude
-77.3142472
18 Williamsburg Rd, Sandston, Virginia

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18 Williamsburg Rd
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