Current Use by Public Records
- Office Spaces
Property Details for 1775 Lk Harley Dr
- Year built
- 2019
- Property type
- Office Spaces
- Property subtype
- Office Units
Description
This exceptional Class A medical office building, constructed in 2019, presents a compelling investment opportunity. Located at 1775 Lake Harley Drive in Prince George, Virginia (zip code 23875), this 15,600 square foot property boasts 15,455 square feet of net rentable space. Currently leased to Virginia Physicians for Women, Ltd. under a 12-year NNN lease, the property offers a substantial net operating income (NOI) of $394,102.50 in year one, with a 2.5% annual escalation. The base rent is $25.50 per square foot. The building features eight doctor pods, state-of-the-art medical equipment, conference capabilities, a welcoming reception area, and ample parking. Designed with high-quality materials and full mechanical, electrical, and plumbing (MEP) engineering, this property is ideal for investors seeking a stable, long-term income stream. The asking price is $6,250,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Prince George
- County
- Prince George
- State
- Virginia
- Longitude
- -77.3693
- Latitude
- 37.2493
