Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.72

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $8,672,000

  • Tax Amount

    63012.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Accessibility Features

    Accessible Elevator Installed

  • Sewer

    Public Sewer

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Location

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WINCHESTER CITY

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Listing Courtesy of Ryan Rauner , CENTURY 21 Commercial New Millennium

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Agent ChristyIssler

Broker | Owner

ChristyIssler

Call Christy today to schedule a private showing.


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We are pleased to offer for sale 202 N Loudoun St in Winchester, VA. This 34,688 SF building, built in 1986, will be sold fully leased to a credit tenant for a period of 10 years from the date of settlement. The lease agreement is absolute net with the tenant responsible for all building maintenance, repairs, and replacements.  All triple net costs will be paid directly to the vendor, provider, and/or taxing authority. The new owner will enjoy monthly rental payments deposited directly into their bank account. The asking price represents a 6% cap rate and reflects the financial strength and stability of the tenant, low vacancy of the submarket (3.2%), long-term lease (10 years with two 5-year options), and value of improvements made by the tenant. The tenant will be replacing the building's HVAC system within the first year of the lease term at a cost of over $1.2M. 

The property has its own private parking lot with 25 spaces and is directly across the street from the Old Town Winchester Walking Mall, which feature numerous dining and shopping amenities. The Winchester City office submarket has extremely strong fundamentals compared with the rest of the DC metro area. Vacancy has average 4.37% over the past 10 years with over 24% rent growth over the same period. No new supply has delivered since 2014 and no new construction is in the pipeline.

FOR MORE INFORMATION, PLEASE SIGN THE CONFIDENTIALITY AGREEMENT

202 N LOUDOUN STREET

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Related Properties

Prime Commercial Investment Opportunity – Frederick County, VA
Strategically located near the intersection of Interstate 81 and Virginia Bypass 37, this unique offering presents a rare opportunity to acquire two well-maintained commercial buildings plus additional development acreage in a high-demand corridor.
Property Highlights:
• 180 Prosperity Drive:
• 13,500 SF | Built in 2004 | Zoned B-3
• 190 Prosperity Drive:
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• Total Building Area: 31,500 SF across 3.83 acres
• Zoning: All existing structures zoned B-3
• Site Features: Ample off-street parking, convenient dock door access
Additional Land Included:
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• B-2 Approved Uses: Self-storage, distribution warehouses, car washes, new car dealerships, hotels, restaurants, and more
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📞 Contact Broker for further details and to schedule a site visit.
#VAFV2036542

WINCHESTER

180-190 PROSPERITY DRIVE

None Beds

None Baths

13,200 Sq.Ft.

$7,200,000

MLS#: VAFV2036542

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