PD-IP Zoned | 37,000 SF | 3.63 Acres | Investment and Owner-User
21205 Ridgetop Circle, Sterling, VA
Market Price
Price
37,000 sqft
Building Size
3.63 acres
Lot Area
Overview
Description
This exceptional property, zoned PD-IP, presents a unique opportunity for businesses and investors alike. Ideal for data center operations and a variety of other uses, the property not only offers immediate financial returns with a 3-5 year lease-back at an annual rent of $840,000 (NNN lease) but also serves as a strategic investment for future development. The substantial 37,000 SF building sits on highly valuable land, making it a rare find in today's market.
Purchasing this property allows buyers to benefit from consistent rental income, providing a financial cushion while they meticulously plan their business's future development or relocation. Additionally the property has an FAR of 0.60 giving the potential for a 94,873 SF building.
Please do not contact the Business or visit the property without prior authorization. Any questions and/or property showings must be communicated and coordinated through Serafin Real Estate.
Sterling, VA
Wet System
Highlights
- Zoning: PD-IP, ideal for a range of uses including data centers.
- Land Value: Significant intrinsic value in the land itself, a rare find in this market. (3.63 Acres)
- Building Size: Spacious 37,000 SF facility, well-suited for various commercial needs.
- Lease-Back Agreement: Benefit from immediate income with a 3-5 year lease-back at an $840,000 annual rent.
- Lease Type: NNN lease, providing a hassle-free investment with tenants covering most expenses.
- Rent Escalation: Secure investment growth with a 3% annual rent increase.
- FAR: 0.60 By Right (94,873 SF Potential Building Size)
Documents
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PD-IP Zoning Ordinance.pdf | ||
All Floor Plan 21205 Ridgetop Circle,, Sterlng, VA.jpg | ||
Offering_Memorandum.pdf |