301 Park Hill Dr Fredericksburg, VA 22401

This exceptional Class A medical office condo, located at 301/311 Park Hill Dr, Fredericksburg, VA 22401, presents a compelling investment opportunity. The 5,000 square foot building, constructed in 2002, sits on a 0.44-acre lot and boasts a strong 6.68% cap rate, generating a net operating income (NOI) of $108,939. Priced at $1,630,000 ($326 per square foot), this single-story building is part of an established medical office park conveniently situated adjacent to Mary Washington Hospital. The property's prime location and strong tenant base offer significant potential for long-term growth and value appreciation. The current net lease structure provides a stable income stream, while future lease renewals present opportunities to enhance profitability. This rare vacancy in a thriving medical environment makes this a highly desirable investment. The property's features include a single building on one story, offering ease of management and accessibility. This is an ideal investment for those seeking a stable, high-return medical office property in a prime location.