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Flex Space For Sale
For Sale
$783,000

242 AIRPORT Rd, Winchester, VA 22602

Flex space available with lease in place near I-81.

Property Size4,350 SF
Price / SF$180
Days on Market164

Property Features for 242 AIRPORT Rd

General Information

Standard status Active
Size 4,350 SF
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $1,956

Building Details

Year Built 2007
Listing Agency: Coldwell Banker Premier
Listed By: Gillian Joy Greenfield · License #0225064152
Source: Elliman
Added: Mar 12 Changed: Aug 14 Last Checked: Aug 21 at 11:06AM

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

Investment Insights

Based on property information with market context.

This 4350 square foot flex space is available for sale. A new three-year lease is currently in place with a renewal option. The property is located five minutes from I-81, Exit 313, in Frederick County, Virginia, and is 45 minutes west of Leesburg on Route 50 or I-66 to northern Virginia. The space includes a comfortable office area and a large warehouse with one private dock door. The ceiling height is over 20 feet. The property is described as very clean and offers excellent parking. It is located in a flex condo park. The property generates $3625 per month NNN income, with 3% annual increases. The intended use of the property is for flex space.

Key Highlights

  • New three‑year lease in place with renewal option, generating $3625/month NNN income with 3% annual increases.
  • 4350 SF flex space suitable for office and warehouse use.
  • Convenient location: 5 minutes from I‑81 (Exit 313) and 45 minutes from Leesburg/Northern VA.

Property Analytics

Current Use

Global Entertainment Distribution Center

Suggested Use

Top Pick Real Estate Agency Restaurant Furniture & Home Goods Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby
Balanced
Demand for This Use

Demographics for 22602, VA

30,865
Population
11,716
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
113.5 sq mi
ZIP Area
272
Density / Sq Mi
$99,534
Median Household Income
$49,199
Median Earnings
$1,367
Median Rent
$351,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space available with lease in place near I-81.
Where is this flex space located?
The property is located at 242 AIRPORT Rd Winchester, VA.
What is the asking price?
The asking price for this property is $783,000.
What are key features of this property?
This property features: New three‑year lease in place with renewal option, generating $3625/month NNN income with 3% annual increases.; 4350 SF flex space suitable for office and warehouse use.; Convenient location: 5 minutes from I‑81 (Exit 313) and 45 minutes from Leesburg/Northern VA.
More about this property
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