Investment Office Condo
14131 Robert Paris Court, Chantilly, VA
$420,000
Price
4.22%
Cap Rate
$17,730.54
NOI
Overview
Description
Newly renovated office condo located at Colonels Ridge Office Condominium in Chantilly, Fairfax County, VA, directly across the street from the new Wegmans and new Toll Brothers housing development (Commonwealth at Westfields). Ideally located near Rt. 28 and Walney Road. Ground floor unit with signage and property manager in place. Ample parking.
Molly Maids of Western Fairfax County has been operating from this location since 2012 and has lease until Oct 2023, with one 2-yr option to renew. Long term tenant, 100% on-time rent payments.
Owner is a licensed real estate broker in Virginia.
Located on Robert Paris Court
Highlights
- Condo Being Sold as Investment w/ Lease in Place
- Long Term Tenant (Molly Maids of Western Fairfax)
- Lease until Oct, 31 2023
- 1 x 2 Year Option to Renew
- Immediate Cash Flow for the Investor