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
Avail Parking 2/1000SqFt
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, large conference room, kitchenette, reception area, in-suite bath, and 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 6/5/2019 9:21:21 PM
Kayvan Mehrbakhsh
Managing Director
K & M Commercial Real Estate

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