$8,750,000

8886 Rixlew Ln #3

MANASSAS VA, 20109

Description

Wellington Business Center contains three office and flex buildings totaling 76,000 sf with well a diversified tenant base of 18 tenants. 4.6 acres zoned M-2 Light Industrial, located along the edge of Innovation, near George Mason University, British Aero Space and Micron. Fiber optic cabling run to the buildings. Currently 85% rented with 15% available for immediate occupancy. Ideal for user and investor. Most leases are year to year renewals with annual increases. 2020 In Place NOI Net operating income is approximately $483,000. At full occupancy, NOI is projected at $583,000.

Details

MLS#VAPW476730
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2004
Days On Site276

Features

SQ Feet76,000
Story(s)0
ZoningM2

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Area Information

StateVA
CityMANASSAS
Zip Code20109
Listing VS Median (in 20109)
Price:
$8,750,000
low | high
Med:
$289,000
100% of Average
SqFt:
76,000
low | high
Med:
1,800
100% of Average
$ / SqFt:
$115
low | high
Med:
$161
10.546031746032% of Average
On Site:
276
low | high
Med:
126.500000
100% of Average
Listing Updated: 05/28/2020
MLS Number: VAPW476730
Listing Provided By:
Edward B Wright III  of  Wright Realty Inc.
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