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Medical Office Portfolio
For Sale
$691,000

600 W Virginia Ave, Crewe, VA 23930

For sale medical office portfolio in Crewe, Virginia with an indicated 8.00% return.

Property Size1,343 SF
Price / SF$514.52
Days on Market49

Property Features for 600 W Virginia Ave

General Information

Standard status Active
Size 1,343 SF
Property subtype Single-Tenant Office Medical
Lease Type NN

Financials

Cap Rate 8%
Business Included Yes

Amenities

Portfolio of Seven Single-Tenant Commonwealth Dentistry Locations in Virginia
Double Net Lease Through September 2028 with Annual 2.5 Percent Rent Increases
Corporate Guarantee: 60 Plus Locations in Three States

Building Details

Building Size 1,343 SF
Listing Agency:
Listed By: Jeff Rowlett · License #License(s): WI: 74743-94, IL: 471.016866
Source: Marcusmillichap
Added: Jul 15 Changed: Aug 27 Last Checked: Aug 31 at 1:08PM

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 Jeff Rowlett

Investment Insights

Based on property information with market context.

Marcus & Millichap presents the Commonwealth Dentistry Portfolio, a medical office portfolio for sale in Virginia.

The property is located at 600 W Virginia Ave, Crewe, VA 23930. The offering is listed for $691,000, and the public remarks cite an 8.00% return. The portfolio size is noted as 1,343.

This presentation is based on the information provided in the public remarks and listing data.

Key Highlights

  • Medical office portfolio for sale in Crewe, Virginia
  • Indicated 8.00% return

Property Analytics

Current Use

Commonwealth Dentistry Dental Office Beltrami Mark a DDS Dental Office Rhodes Daniel R ... Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage HVAC Service Pharmacy Plumbing Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23930, VA

5,231
Population
2,678
Households
2
Avg Household Size
45
Median Age
20%
College-Educated
91%
High-School Grad
100.3 sq mi
ZIP Area
52
Density / Sq Mi
$59,693
Median Household Income
$40,625
Median Earnings
$952
Median Rent
$165,800
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?
Medical Office Space - For sale medical office portfolio in Crewe, Virginia with an indicated 8.00% return.
Where is this medical office space located?
The property is located at 600 W Virginia Ave Crewe, VA.
What is the asking price?
The asking price for this property is $691,000.
What are key features of this property?
This property features: Medical office portfolio for sale in Crewe, Virginia; Indicated 8.00% return
More about this property
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