Investment Office Condo

14131 Robert Paris Court, Chantilly, VA

$420,000

Price

4.22%

Cap Rate

$17,730.54

NOI

Overview
Cap Rate
4.22%
NOI
$17,730.54
Building Size
1,325 sqft
Occupancy
100%
Class
B
Units
1
Year Built
2006
Floors
1
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
Documents

Location
Gallery