Financial Summary
Asking Price | $2,346,110 |
Cap Rate | 7.25% |
Net Operating Income (NOI) | $170,093 |
Lease Type | NN |
Lease Term Remaining | 6 Years |
Increases | 3% Annually |
Highlights
- S&P rated AA+ tenant
- Affluent population
- Newer construction with roof warranty
- Excellent location with high intrinsic value
- 3% annual rent increases
- Property is not currently being occupied by INOVA and an opportunity may exist to accelerate the remaining rent giving a potential Owner/Operator a greatly reduced net cost basis
Location
6950 Piedmont Center Plaza
Gainesville, VA