Office•Office Building•For Sale

NNN Investment - Sterling Crossroad Office Condo

22648 Glenn Dr, Suite 301, Sterling, Virginia 20164

Sale Price $225,000
Sale Type Investment
Zoning PDIP
Bldg Type Single Tenant
Class B
Status Existing
Year Built 1998
Year Renovated 2009
Stories 3
Cap Rate 7.00%
Vacancy 100%
Annual Taxes $2,153.56
Gross Bldg 1,000 SqFt
RBA 950 SqFt
Land Area .02 Acres
Ceiling Height 10.0 Ft
Net Op Inc $15,750
Market Washington DC
Sub-Market Route 28 Corridor N
Legal Descr Sterl Xroads Off Pk #2-7 1669--2254 Condo
K&M Commercial Real Estate, as the Exclusive Brokerage Firm, is happy to present this NNN investment condo for SALE. Located at Sterling Crossroads, four offices, a large conference room, kitchenette, reception area, en-suite bath, and a secured room. NOI for $15,750 annually with 3% escalations Sterling Crossroads is a well-established office park located just minutes from Route 28 and Route 7.
  • 1000 SF Office Condo located on the 3rd Floor
  • Brand New 3 Year NNN Lease
  • NOI: $15,750
  • 3% Escalations
  • Four Offices with One Secure Room, Conference Room, Kitchenette, Bath in the suite.
5/14/2019 9:04:00 PM 5/2/2020 5:45:14 AM
Kayvan Mehrbakhsh
Managing Director
K & M Commercial Real Estate
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