1360 Shenandoah Ave Front Royal, VA 22630
High-yield medical office, NNN lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- $2,000,000 asking price for a stabilized medical office investment.
- NNN lease with a corporate guarantee from DaVita, a single tenant.
- 14-year lease remaining (4 years, 8 months remaining plus two 5-year options); April 5, 2040 expiration.
- 6.10% cap rate with a $109,975 net operating income (NOI).
- Located at 1360 N Shenandoah Ave, Front Royal, VA 22630.
Property Details for 1360 Shenandoah Ave
- Property type
- Office properties, Medical offices
Location Insight
- City
- Front Royal
- County
- Warren
- State
- Virginia
- Latitude
- 38.934458490523
- Longitude
- -78.200111661774
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield medical office, NNN lease.
- Where is the office property located?
- The property is located at 1360 Shenandoah Ave Front Royal, VA.
- What is the asking price?
- The asking price for this property is $2,000,000.
- What are key features of this property?
- This property features: $2,000,000 asking price for a stabilized medical office investment.; NNN lease with a corporate guarantee from DaVita, a single tenant.; 14-year lease remaining (4 years, 8 months remaining plus two 5-year options); April 5, 2040 expiration.
- How can I contact the broker?
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