For Sale
$725,000

818 Sophia StFredericksburg, VA 22401

Historic Office, High Cap Rate, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • 1,839 SF office building in Downtown Fredericksburg, VA.
  • Three-story building with six private offices, kitchenette, and private courtyard.
  • Excellent street frontage and visibility on Sophia Street.
  • 6.79% cap rate, $49,200 NOI, $725,000 asking price ($394.24/SF).
  • Net lease (NNN) with a single tenant; seven-year lease (6.6 years remaining) with 3% annual rent increases.

Property Details for 818 Sophia St

Property type
Office properties, Office space
Square Feet
1,839 SF
Buildings
1
Stories
3
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Fredericksburg
County
Stafford
State
Virginia
Latitude
38.302915976505
Longitude
-77.457898016458
818 Sophia St, Fredericksburg, Virginia
Leaflet | © OpenStreetMap contributors

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818 Sophia St
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