8576 Wellington Rd, Manassas, VA
Industrial for Sale - $1,700,000 - 11,900 Sq. Ft. on 49299.44 acres
Property Info
CIMLS# | 753067 |
Location 8576 Wellington Rd Manassas VA 20109 | |
Updated | September 15th, 2015 |
Type | Industrial |
Price | $1,700,000 |
Building | 11,900 Sq. Ft. |
Land | 49299.44 acres |
Property Description
Sperry Van Ness as the exclusive listing company is happy to present this 11,900 sq/ft stand alone, light industrial/office building situated on 1.91 acres of land. This Modified Gross Investment Property is 100% occupied by a defense-contracting company that has been in business since 1958.
Location Description:
This stand alone, light industrial building located off of Wellington Rd. is less then 2 miles to Rt. 28 within 4 miles of I-66, and walking distance to Prince William County.
Highlights:
>> Investment Property
>> NOI $217,000
>> 12.8% Cap Rate
>> 1.5% Annual Escalations
>> Year 2 of 5 Year Lease
>> 2 Five Year Options
>> Approximately 2 Acres of Land
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Financials
Sales Info:
>> Cap rate: 12.8%
>> Commision split: 0.0%
>> NOI: $217642