9420 Forestwood Ln Manassas, VA 20110
9,981 SF leased to DaVita through 2030.
Type:Office
Property size:
9,981 SFPrice / SF:
$270/SF- Added:
- Apr 30, 2021
- Days on Market:
- 1822
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 9420 Forestwood Ln
General Information
- Standard status
- Active
- Size
- 9,981 SF
- Property subtype
- Office
Listing agent Brian Snook License #VA
Listing office Weber Rector Commercial Real Estate Services, Inc.
Listing date Apr 30, 2021
Source Crexi
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 Weber Rector Commercial Real Estate Services, Inc.
Overview
NNN Leased Medical Office Condos
Four first-floor office condos, totaling 9,981 square feet, are fully leased to DaVita Dialysis on a NNN basis. The nationally recognized medical tenant has occupied the space since 2015 and recently exercised the first of three 5-year renewal options, extending their lease through May 31, 2030. If all remaining options are exercised, the lease will run through May 31, 2040. The current monthly rent is $12,077.01, reflecting a 10% escalation per the lease terms. The annual net operating income is $144,924, resulting in a 5.37% cap rate. This property is located just off Sudley Road in an established office park, less than three quarters of a mile from Novant UVA Prince William Medical Center and approximately 1.5 miles from the PWC Courthouse. It is also located less than 2 miles from Old Town Manassas shops and restaurants. This property is located within a qualified Opportunity Zone, presenting a stable, long-term healthcare investment opportunity.
Location Intelligence
Current Use by Public Records
Comprehensive Sleep Care ...
Medical Clinic
DaVita Bull Run ...
Medical Clinic
Lighthouse Pediatric Dental ...
Dental Office
Victorious HealthCare Services ...
Geriatric Care Provider
Dr. Nivedita Chander
Physician
Location Insight
- Map
- Local Demand
- City
- Manassas
- County
- Manassas Park
- State
- Virginia
- Longitude
- -77.4787446
- Latitude
- 38.7670095
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 9,981 SF leased to DaVita through 2030.
Where is this medical office space located?
The property is located at 9420 Forestwood Ln Manassas, VA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Long‑term NNN lease with DaVita Dialysis provides stable, passive income.; Lease extends through 5/31/2030, with options to extend through 5/31/2040.; Current annual net operating income (NOI) of $144,924.
