2025-2027 Waterside Rd, Prince George, VA
Well-maintained medical office building in growing community near I-95.
- Added:
- Dec 12, 2022
- Days on Market:
- 1280
- Last Refresh:
- May 20 at 9:24 pm
Property Features for 2025-2027 Waterside Rd
General Information
- Standard status
- Active
- Size
- 15,047 SF
- Lot size
- 0.33 Acres
- Property subtype
- OFFICE
Properties For Sale
at 2025-2027 Waterside Rd Contact usListing agent Charles "Charlie" Polk, III, SIOR
Listing office JLL | Richmond (804) 200-6415
Listing date Dec 12, 2022
Source Moodyscre
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 JLL | Richmond
HighLights
- High traffic location: 33,872 vehicles per day (VPD) with two access points.
- Recent significant renovation within the past 2 years.
- Proximity to I‑95: Only 3.4 miles away, carrying 111,093 VPD.
- Located in a growing medical office community.
- Strong local demographics: 36,504 residents with household incomes of nearly $64,183 within a 5‑mile radius.
- Abundant nearby amenities: New medical offices, retail locations, over 35 restaurants, Walmart Supercenter, Sam’s Club, and other retailers.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $391.8k | $26.04 |
| − Vacancy | −$32.1k | −$2.14 |
| EGI | $359.7k | $23.90 |
| − OpEx | −$143.9k | −$9.56 |
| NOI | $215.8k | $14.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Prince George
- County
- Prince George
- State
- Virginia
- Longitude
- -77.3669
- Latitude
- 37.2487
