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250 Airport Road Winchester, VA 22602

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Leased flex/industrial property in Winchester, VA, with long-term tenant.

Type:Land, Industrial
Property size:
5,000 SF
Added:
Aug 7, 2024
Days on Market:
604
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 250 Airport Road

General Information

Standard status
Active
Size
5,000 SF
Property subtype
Land, Industrial

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Listing Contact
Gillian Greenfield

Listing agent Gillian Greenfield License #VA

Listing office Coldwell Banker Premier

Listing date Aug 7, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Premier


Overview

Leased Flex/Industrial Investment Opportunity

This flex/industrial property is located in Winchester, Virginia, approximately five minutes from I-81, Exit 313, in Frederick County, and 45 minutes west of Leesburg via Route 50 or I-66. The property features all-brick construction and is in excellent condition. It is currently leased through August 2030 under NNN lease terms, generating an NOI of approximately $57,000 per year. The layout includes 1,000 square feet of office space and 4,000 square feet of warehouse space. The warehouse area benefits from a dock door and a ceiling height of over 20 feet. The property is situated within a flex condo park and has low condo dues, which are paid by the tenant. This presents a solid 1031 exchange option.
Location Intelligence

Current Use by Public Records

Wave2Net Telecommunications Service

Suggested Use

Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Winchester
County
Frederick
State
Virginia
Longitude
-78.1550164
Latitude
39.144046

FAQs

What type of property is this?
Flex space - Leased flex/industrial property in Winchester, VA, with long-term tenant.
Where is this flex space located?
The property is located at 250 Airport Road Winchester, VA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Long‑term tenant in place with NNN lease through August 2030, providing stable income.; Approximately 6.3% CAP rate with $57K+\/- year NOI.; Excellent location: Five minutes from I‑81 (Exit 313) and accessible to Northern VA via Rt. 50 or I‑66.
More about this property
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