Endcap Dental Office
2330 Colony Crossing Pl Midlothian, VA 23112
2330 Colony Crossing Pl, Midlothian, VA, 23112
$650,000
For Sale
$650,000
End unit office suite in Colony Crossing Shopping Center with five dental bays, offices, lab, and lobby.
Property Size2,210 SF
Price / SF$294.12
Days on Market71
Property Features for 2330 Colony Crossing Pl
General Information
- Standard status
- Active
- Size
- 2,210 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing agency
eXp realty
(804) 938-7653
Listed by
Shelton Latimer · License #0225210738
(804) 938-7653
Source
Elliman
Added: May 12 Updated: Jul 20 at 8:25PM Checked: Jul 20 at 8:25PM
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 eXp realty
Investment Insights
Based on property information with market context.
This end unit office suite is currently leased as a dental office and is set up with five dental bays, three offices, a lab, and a large break room with kitchen. The layout also includes a front lobby and waiting area, two bathrooms, and a mechanical room for storage. The space is described as being in great quality condition.
Located in the Colony Crossing Shopping Center, the property is in Midlothian and is adjacent to 288 and Powhite, offering convenient access for patients and staff.
The unit is configured to support clinical operations and may also be suitable for an owner-occupant looking to maintain the existing use. Interior maintenance is paid by the current tenant, while HOA covers exterior maintenance; the owner covers insurance, HOA fee, and taxes.
Located in the Colony Crossing Shopping Center, the property is in Midlothian and is adjacent to 288 and Powhite, offering convenient access for patients and staff.
The unit is configured to support clinical operations and may also be suitable for an owner-occupant looking to maintain the existing use. Interior maintenance is paid by the current tenant, while HOA covers exterior maintenance; the owner covers insurance, HOA fee, and taxes.
Key Highlights
- 2,210 SF end unit office suite in the Colony Crossing Shopping Center
- Currently leased as a dental office; lease runs until October 2027
- Configured with five dental bays plus three offices, lab, and large break room with kitchen
Local Financial Insights For Office B
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 | $37.7k | $17.04 |
| − Vacancy | −$5.3k | −$2.40 |
| EGI | $32.3k | $14.64 |
| − OpEx | −$8.1k | −$3.66 |
| NOI | $24.3k | $10.98 |
2,210 SF · lease $17.04/SF/yr · vacancy 14.10% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$4.43M
$3.87M – $5.17M
NOI $309,950 @ 7.0% cap · market cap 47.68%
Second Best
Office B
$346.6K
$303.3K – $404.4K
NOI $24,261 @ 7.0% cap · market cap 3.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Virginia Center for Advanced ...
Physician
Richmond Dental
Dental Office
Alexander Manuel Simon
Dental Office
Smriti Bajaj
Dental Office
Virginia Center for Advanced ...
Dental Office
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FAQs
What type of property is this?
Medical Office Space - End unit office suite in Colony Crossing Shopping Center with five dental bays, offices, lab, and lobby.
Where is this medical office space located?
The property is located at 2330 Colony Crossing Pl Midlothian, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,210 SF end unit office suite in the Colony Crossing Shopping Center; Currently leased as a dental office; lease runs until October 2027; Configured with five dental bays plus three offices, lab, and large break room with kitchen
