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413 Browning Court

PURCELLVILLE, VA 20132
  • $5,500,000
  • STATUS: Active
  • ON SITE: 70 Days
  • ID#: VALO2058244
$5,500,000
  • 0
    BEDS
  • 2.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2007
County:

School Ratings & Info

Description

Serafin Real Estate is proud to offer this NN investment opportunity in Loudoun County, VA. Geostructures Inc. has been successfully operating since 1995 and was recently acquired by Terratest Group in 2018, a global leader covering all aspects of Geotechnical construction. The lease is in its 5th year of an initial 10-year lease, with one 5-year option to renew. Tenant is responsible for property taxes, repairs, and maintenance.Landlord only responsible for property insurance.HighlightsNN Investment OpportunityParent Company, Terratest Group, is Global Leader in Geotechnical ConstructionGeostructures Inc. Successfully Operating Since 1995Located in the Wealthiest County in the United StatesHighly-Desirable Industrial Zoning$3,000 Annual Rent Increases1 x 5 Year Renewal Option

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-30T23:52:14.
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413 Browning Court PURCELLVILLE, VA 20132

  • Price: $5,500,000
  • Status: Active
  • On Site: 70 Days
  • ID#: VALO2058244
0
Beds
0
Baths
0
½ Baths
2.36
Acres
2007
Built
County:
Loudoun
School District:
Loudoun County Public Schools
Property Description
Serafin Real Estate is proud to offer this NN investment opportunity in Loudoun County, VA. Geostructures Inc. has been successfully operating since 1995 and was recently acquired by Terratest Group in 2018, a global leader covering all aspects of Geotechnical construction. The lease is in its 5th year of an initial 10-year lease, with one 5-year option to renew. Tenant is responsible for property taxes, repairs, and maintenance.Landlord only responsible for property insurance.HighlightsNN Investment OpportunityParent Company, Terratest Group, is Global Leader in Geotechnical ConstructionGeostructures Inc. Successfully Operating Since 1995Located in the Wealthiest County in the United StatesHighly-Desirable Industrial Zoning$3,000 Annual Rent Increases1 x 5 Year Renewal Option
Exterior Features

Construction Materials Brick Garage YN No Parking Features PrivateSurface Parking Types Parking Lot Riparian Rights YN No Roof Built-UpFlat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 16608.00 Cooling Central A/C Heating Energy Star Heating System Heating YN Yes Net Square Feet 102801.60

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2023 Business Type FlexWarehouseOther Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Other Lease Considered YN No Navigable Water YN N Net Operating Income 315000.00 New Construction YN No Original MLSNumber 802625513176 Owner Pays Insurance Ownership Interest Fee Simple Possession Subject to Existing Lease Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 45620.00 Tax Assessment Amount 4109950.00 Total Actual Rent 315000.00 Vacation Rental YN No Water Source Public Zoning PV:CM1 - PV:LOCAL SERVICE

Listing courtesy of Serafin Real Estate: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-30T23:52:14.
 
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Pearson Smith Realty
46161 Westlake Drive, Suite 340
Sterling VA, 20165