Fully Net Leased Office
For Sale
$1,150,000
1630 Braeburn Dr, Salem, VA 24153
Single-tenant office property with a 5-year NNN lease and new interior paint and flooring throughout.
Property Size7,400 SF
Lot Size0.43 Acres
Price / SF$155.41
Days on Market95
Property Features for 1630 Braeburn Dr
General Information
Standard status
Active
Size
7,400 SF
Class
B
Lot size
0.43 Acres
Property subtype
Office
Occupancy
100%
Additional Details
Cap Rate
7.6%
Building Details
Building Size
7,400 SF
Year Built
1985
Tenancy
Single
Listed By:
Zachary May
(302) 448-9821
Source:
Poecronk
Added: Jun 2
Changed: Sep 3
Last Checked: Sep 4 at 5:22AM
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 Zachary May
Investment Insights
Based on property information with market context.
This fully net leased, single-tenant office building is offered for sale as an income-oriented property with minimal owner involvement. The approximately +/-7,400 SF building is situated on 0.43 acres and was renovated with new paint and flooring throughout at the time the current lease was secured.
The property operates under a new 5-year NNN lease. Ample parking supports everyday tenant and visitor access.
For investors seeking a straightforward, fully net leased office asset, this recently updated building provides a stable, long-term lease structure and ready-to-occupy interior appearance.
The property operates under a new 5-year NNN lease. Ample parking supports everyday tenant and visitor access.
For investors seeking a straightforward, fully net leased office asset, this recently updated building provides a stable, long-term lease structure and ready-to-occupy interior appearance.
Key Highlights
- ±7,400 SF single‑tenant office building on 0.43 acres
- New 5‑year NNN lease with minimal landlord/owner responsibilities
- Received new interior paint and flooring throughout at lease securement
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Explore this area
Business Placement
Demographics for 24153, VA
38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-tenant office property with a 5-year NNN lease and new interior paint and flooring throughout.
Where is this office building located?
The property is located at 1630 Braeburn Dr Salem, VA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: ±7,400 SF single‑tenant office building on 0.43 acres; New 5‑year NNN lease with minimal landlord/owner responsibilities; Received new interior paint and flooring throughout at lease securement
