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8703 Professional Place

MANASSAS, VA 20110
  • $1,049,000
  • STATUS: Pending
  • ON SITE: 49 Days
  • ID#: VAMN2000017
Pending
UPDATED: 6 min ago
$1,049,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1971
County:

School Ratings & Info

School District:

Description

Fully leased, income-producing investment opportunity of a free-standing low-rise medical office building next to the Novant Health UVA Prince William Hospital in Manassas. Current lease in place through 12/31/2028 with a ten (10) year option at market rent. Currently occupied by a successful surgical pathology lab analyzing gastroenterology tissue biopsies, this 4,664 SF free-standing building offers a modern and professional layout with a reception desk, waiting area, open conference room, large open lab area, and several workrooms. The interior was extensively remodeled in 2017 and there are multiple windowed offices for the management and administration of the business. The roof was replaced in 2019 and the building offers four restrooms, storage areas, several exterior direct entrance doors, and 14 reserved parking spaces alongside and behind the building. There is a partial second floor with a separate entrance that has windows on three sides offering outstanding visibility. This is a high-traffic area of Manassas just off Route 234/Sudley Rd with excellent proximity to the Hospital and numerous associated medical support businesses nearby. Immediate income is provided by a current, long-term lease with stable medical laboratory practice. Sale is of real property only and subject to terms of the existing lease.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coleman & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-26T23:50:04.587.
www.gocoleman.com/homes/122174182
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8703 Professional Place MANASSAS, VA 20110

  • Price: $1,049,000
  • Status: Pending
  • On Site: 49 Days
  • Updated: 6 min ago
  • ID#: VAMN2000017
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1971
Built
Neighborhood:
None Available
County:
Manassas City
School District:
Manassas City Public Schools
Property Description
Fully leased, income-producing investment opportunity of a free-standing low-rise medical office building next to the Novant Health UVA Prince William Hospital in Manassas. Current lease in place through 12/31/2028 with a ten (10) year option at market rent. Currently occupied by a successful surgical pathology lab analyzing gastroenterology tissue biopsies, this 4,664 SF free-standing building offers a modern and professional layout with a reception desk, waiting area, open conference room, large open lab area, and several workrooms. The interior was extensively remodeled in 2017 and there are multiple windowed offices for the management and administration of the business. The roof was replaced in 2019 and the building offers four restrooms, storage areas, several exterior direct entrance doors, and 14 reserved parking spaces alongside and behind the building. There is a partial second floor with a separate entrance that has windows on three sides offering outstanding visibility. This is a high-traffic area of Manassas just off Route 234/Sudley Rd with excellent proximity to the Hospital and numerous associated medical support businesses nearby. Immediate income is provided by a current, long-term lease with stable medical laboratory practice. Sale is of real property only and subject to terms of the existing lease.
Exterior Features

Construction Materials CombinationBrick Garage YN No Lot Features Cul-De-SacNo Thru Street Parking Features Paved ParkingSurface Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4664.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 4664.00

Property Features

Accessibility Features None Assessment Year 2021 Business Type MedicalOther/General RetailProfessional Central Air YN Yes Cooling Fuel Electric Elevator Use Fee 0.00 Entry Level 1 Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 800762901267 Ownership Interest Fee Simple Possession NegotiableSettlementSubject To Existing Lease Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 12750.00 Tax Assessment Amount 892200.00 Tax Lot 16M Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning B1 Zoning Description Business Office

Listing courtesy of Century 21 Commercial New Millennium.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coleman & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-26T23:50:04.587.
 
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Coleman & Associates | Compass
6849 Old Dominion Drive, Suite 400
McLean VA, 22101