Building Details

Year Built 1998

Building Size 4,554 SF

Construction brick

Tenancy Single

Listing Agency: Investors Real Estate Partners s***@vrcproperties.com Show Phone

Listed By: Jason Fountain · License #0225077081

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:52PM

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Investment Insights

Based on property information with market context.

This 4,554-square-foot office building is constructed of brick and was completed in 1998. The property is configured for a single occupant and is currently undergoing renovation. An existing lease covers 100% of the building through 2026, with rent commencement identified as November 2021.

The building is positioned along 220 N, just outside the historic Town of Fincastle. Its single-tenant configuration, established occupancy, and office use provide a straightforward profile for evaluating the asset.

Key Highlights

• 4,554‑square‑foot single‑tenant office building
• Brick construction completed in 1998
• 100% leased through 2026

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop HVAC Service Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

126

Businesses Nearby

Explore this area Business Placement

Demographics for 24090, VA

4,712

Population

2,107

Households

2.2

Avg Household Size

48

Median Age

23%

College-Educated

94%

High-School Grad

91.0 sq mi

ZIP Area

52

Density / Sq Mi

$88,125

Median Household Income

$45,535

Median Earnings

$887

Median Rent

$267,100

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Brick office property with an established single-tenant lease extending through 2026.

Where is this office building located?

The property is located at 450 S Church St Fincastle, VA.

What are key features of this property?

This property features: 4,554‑square‑foot single‑tenant office building; Brick construction completed in 1998; 100% leased through 2026