22648 Glenn DrSterling, VA 20164

  • Office properties
  • 950 SF

Property Details for 22648 Glenn Dr

Property size (Sq ft)
950 SF
Property type
Office properties

Description

This exceptional investment opportunity presents a portfolio of three fully leased Class B executive office condominiums located at 22648 Glenn Dr., Units 304, 305, and 306 in Sterling, Virginia. Each unit offers approximately 950 square feet and is currently under a modified lease agreement. The units are contiguous, allowing for potential expansion or flexible configurations. Unit 304 boasts five windowed offices (one suitable as a conference room), a storage room, and a private restroom. Unit 305 features five windowed offices, an interior office, a kitchenette, and a private restroom. Unit 306, an end unit, offers two windowed offices, a large open area, and a private restroom with a shower. The portfolio enjoys a 66% occupancy rate and a 6.20% cap rate. Individual unit sale prices are $223,250 for Units 304 and 305, and $228,000 for Unit 306. Lease terms vary, with Unit 304 expiring January 1, 2025

Location Insight

City
Sterling
County
Loudoun
State
Virginia
Latitude
38.9904
Longitude
-77.4238

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