510 Lansdowne Rd Fredericksburg, VA 22408
7.01% Cap Rate, Single-Tenant, NNN Lease
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 510 Lansdowne Rd
General Information
- Property type
- Life science properties
- Square Feet
- 40,455 SF
- Class
- A
- Lot Size
- 331,927 SF
Building Details
- Year Built
- 2017
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- Class A, 40,455 SF industrial building on a 7.62‑acre lot in Fredericksburg, VA.
- Single‑tenant, NNN lease with corporate guarantee; 100% occupancy.
- Built in 2017, lease expires October 31, 2028, with two 5‑year options and 3% annual rent increases.
- Tenant is HDT Global, a global leader in military and industrial product design and manufacturing; property serves as their Blade Center.
- 7.01% cap rate and $707,679 current NOI.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.4613234
- Latitude
- 38.2643272