252 Airport RdWinchester, VA 22602

Property Details for 252 Airport Rd

Year built

2007

Lot size

0.38 AC

Property size (Sq ft)

7,500 SF

Zone code

GENERAL INDUSTRIAL

Property type

Other commercial real estate

APN

64A-45K7

APU

64A45K7

Description

This exceptional investment opportunity presents a fully occupied, 15,000 square foot multi-tenant office complex situated in Winchester, Virginia, a rapidly growing metropolitan area. Located at 252 Airport Road SUITE 1A, Winchester, VA 22602, this Class A property boasts all-brick and masonry construction, ensuring superior durability and aesthetics. The complex enjoys a prime location immediately off an interstate, providing excellent commuter access and benefiting from the area's robust growth. Currently generating a net operating income (NOI) of $148,000 annually, this property is offered at an asking price of $2,700,000. The three tenants, all possessing strong credit ratings, are bound by triple net leases. Two of these leases have been renewed multiple times, demonstrating tenant satisfaction and long-term stability. Detailed lease terms are available upon request. This property presents an ideal 1031 exchange opportunity for investors seeking a high-performing asset in a thriving market. Alternatively, it is also well-suited for an end-user seeking a turnkey, high-quality office space. The property's exceptional location, strong tenant base, and impressive NOI make it a compelling investment prospect.

Location Insight

City

Winchester

County

Frederick

State

Virginia

Latitude

39.1444

Longitude

-78.1548

CBSA code

49020

CBSA name

WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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