Windsor Executive Center | 605 N Courthouse Rd
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Windsor Executive Center 605 N Courthouse Rd
10,220 SF 88% Leased Office Building Richmond, VA 23236 $8,302,598 CAD ($812 CAD/SF) 5.94% Cap Rate
Executive Summary
High-Income Windsor Executive Center Portfolio on N Courthouse Rd – Chesterfield, VA
Unlock the potential of this premier real estate portfolio, featuring five strategically located properties at 605, 611, 701, 703, and 713 N Courthouse Rd in Chesterfield, Virginia. Currently generating over $341,000 in net revenue, this portfolio offers commercial opportunities with additional growth potential.
Property Overview:
This portfolio includes:
• 605 & 611 N Courthouse Rd: Nearly identical office buildings with lower levels divided into office suites. Upper levels are individual office rentals. Both buildings are fully equipped with modern amenities such as high-speed fiber internet, 24/7 access, air conditioning, and on-site parking. Together, these properties provide a significant rental income with the potential for an additional $122,000 in annual revenue from the individual office suites.
• 701 N Courthouse Rd: This 4,380 sq. feet is a turnkey investment opportunity , boasting 100% occupancy with reliable, long-term tenants. Recent exterior renovations have enhanced its curb appeal, ensuring a modern and professional image.
• 703 N Courthouse Rd: This 5,776 sq. ft. office building is an outstanding investment property with a secure, long term tenant on a recently signed five-year lease.
• 713 N Courthouse Rd: This 4,380 sq. ft. office building features four suites with three stable tenants providing consistent rental income.
Strategic Location:
Situated in the vibrant Chesterfield corridor, this portfolio benefits from proximity to major highways, retail centers, and community amenities. Its location ensures excellent accessibility and visibility, making it attractive to both tenants and developers.
Investment Highlights:
• Over $341,000 in annual revenue, with room for growth.
• Additional income potential of $122,000 annually from office rentals at 605 and 611 N Courthouse Rd.
This portfolio represents a rare chance to acquire income-generating properties with immediate cash flow and significant upside potential. Whether you’re an investor, or business owner, this offering provides the flexibility and revenue streams to meet your goals.
Don’t miss out! Contact us today for more information or to schedule a viewing.
Unlock the potential of this premier real estate portfolio, featuring five strategically located properties at 605, 611, 701, 703, and 713 N Courthouse Rd in Chesterfield, Virginia. Currently generating over $341,000 in net revenue, this portfolio offers commercial opportunities with additional growth potential.
Property Overview:
This portfolio includes:
• 605 & 611 N Courthouse Rd: Nearly identical office buildings with lower levels divided into office suites. Upper levels are individual office rentals. Both buildings are fully equipped with modern amenities such as high-speed fiber internet, 24/7 access, air conditioning, and on-site parking. Together, these properties provide a significant rental income with the potential for an additional $122,000 in annual revenue from the individual office suites.
• 701 N Courthouse Rd: This 4,380 sq. feet is a turnkey investment opportunity , boasting 100% occupancy with reliable, long-term tenants. Recent exterior renovations have enhanced its curb appeal, ensuring a modern and professional image.
• 703 N Courthouse Rd: This 5,776 sq. ft. office building is an outstanding investment property with a secure, long term tenant on a recently signed five-year lease.
• 713 N Courthouse Rd: This 4,380 sq. ft. office building features four suites with three stable tenants providing consistent rental income.
Strategic Location:
Situated in the vibrant Chesterfield corridor, this portfolio benefits from proximity to major highways, retail centers, and community amenities. Its location ensures excellent accessibility and visibility, making it attractive to both tenants and developers.
Investment Highlights:
• Over $341,000 in annual revenue, with room for growth.
• Additional income potential of $122,000 annually from office rentals at 605 and 611 N Courthouse Rd.
This portfolio represents a rare chance to acquire income-generating properties with immediate cash flow and significant upside potential. Whether you’re an investor, or business owner, this offering provides the flexibility and revenue streams to meet your goals.
Don’t miss out! Contact us today for more information or to schedule a viewing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,220 SF
Building Class
B
Year Built
1987
Price
$8,302,598 CAD
Price Per SF
$812 CAD
Cap Rate
5.94%
NOI
$493,002 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,745 SF
Slab To Slab
11’
Building FAR
0.29
Lot Size
0.82 AC
Zoning
O-2 - Office Park Zoning District
Parking
65 Spaces (6.36 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,113,480 CAD | |
| Land Assessment | $382,064 CAD | Total Assessment | $2,495,544 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$382,064 CAD
Improvements Assessment
$2,113,480 CAD
Total Assessment
$2,495,544 CAD
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Windsor Executive Center | 605 N Courthouse Rd
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