214 & 216 Industrial Court | 216 Industrial Ct
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214 & 216 Industrial Court 216 Industrial Ct
6,008 SF Industrial Building Fredericksburg, VA 22408 $2,458,190 CAD ($409 CAD/SF)
Executive Summary
6,008 sf Office/Flex Building Fully Leased and adjacent .98 ac Industrial Parcel
Lease Option Term is Two-Years (expires January 31, 2027)
Three Percent Annual Rent Increases
Tenant is Rappahannock Electric Cooperative
REC is a member-owned utility that provides electric service
to nearly 179,000 connections in portions of 22 Virginia
Counties
Building has 6 Offices
Conference Room
Bull Pen Area (17' X 24.5') and Storage Room ( 660 sf)
Adjacent .98 Acre Parcel is Zoned I-1 ($190,000.00)
Lease Option Term is Two-Years (expires January 31, 2027)
Three Percent Annual Rent Increases
Tenant is Rappahannock Electric Cooperative
REC is a member-owned utility that provides electric service
to nearly 179,000 connections in portions of 22 Virginia
Counties
Building has 6 Offices
Conference Room
Bull Pen Area (17' X 24.5') and Storage Room ( 660 sf)
Adjacent .98 Acre Parcel is Zoned I-1 ($190,000.00)
Property Facts
Price | $2,458,190 CAD | Rentable Building Area | 6,008 SF |
Price Per SF | $409 CAD | No. Stories | 1 |
Sale Type | Investment | Year Built | 1983 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse | Parking Ratio | 6.99/1,000 SF |
Lot Size | 1.98 AC | Opportunity Zone |
Yes
|
Price | $2,458,190 CAD |
Price Per SF | $409 CAD |
Sale Type | Investment |
Property Type | Industrial |
Property Subtype | Warehouse |
Lot Size | 1.98 AC |
Rentable Building Area | 6,008 SF |
No. Stories | 1 |
Year Built | 1983 |
Tenancy | Single |
Parking Ratio | 6.99/1,000 SF |
Opportunity Zone |
Yes |
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PROPERTY TAXES
Parcel Number | 23G-1-10 | Improvements Assessment | $584,876 CAD |
Land Assessment | $282,672 CAD | Total Assessment | $867,548 CAD |
PROPERTY TAXES
Parcel Number
23G-1-10
Land Assessment
$282,672 CAD
Improvements Assessment
$584,876 CAD
Total Assessment
$867,548 CAD
zoning
Zoning Code | I-1 |
I-1 |
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214 & 216 Industrial Court | 216 Industrial Ct
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