List Search

240-254 Airport Rd
Winchester, VA 22602

$783,000 - $899,000 USD

Light Distribution Condos For Sale  •  4,375+ SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 5,000 SF
  • Lot Size 5.33 AC
  • Building Class A
  • Year Built 2007
  • Cap Rate 5.02 %
  • Tenancy Single
  • Zoning M-1
0 Transit Score
4 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 250 Flex 5,000 SF $899,000 USD
  • Unit Size: 5,000 SF
  • Condo Use: Flex
  • Price: $899,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $179.80 USD
Description
250 Airport Road, Winchester, VA. 5000 SF Flex Space Available for Sale. Leased until August 2025. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues only $2.06 PSF/year. Asking $899K.242 Airport Road, consisting of 4350 SF is also available and can be sold vacant. $783K.

Sale Notes
250 Airport Road, Winchester, VA. 5000 SF Flex Space Available for Sale. Leased until August 2025. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Consists of 1000 sf of office and 4000 sf of warehouse. One dock door, 20+ ceiling height. Very clean. Located in flex condo park. Low condo dues only $2.06 PSF/year. Asking $899K. 242 Airport Road, consisting of 4350 SF is also available and can be sold vacant. $783K.
1st Floor - Unit 242 Flex 4,375 SF $783,000 USD
  • Unit Size: 4,375 SF
  • Condo Use: Flex
  • Price: $783,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $178.97 USD
Description
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking. Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K. Excellent 1031 Option.

Sale Notes
4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking. Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K. Excellent 1031 Option.

Description 

4350 SF Flex Space Available for Sale. New three year lease in place with renewal option. Five minutes from I-81, Exit 313, Frederick County, VA. 45 minutes west of Leesburg on Rt. 50 or I-66 to northern VA. Comfortable office area and large warehouse with one private dock door. 20+ ceiling height. Very clean. Excellent parking. Located in flex condo park. $3625/month NNN income. 3% annual increases. Asking $783K. Excellent 1031 Option.

Highlights

250 Airport Road, Sold with Tenant in Place till August 2025. 5000 SF for $899K
242 Airport Road, Can be Sold Vacant. 4350 SF for $783K
Condo Dues Only $2.06 PSF/Yr

Financial Summary

Cap Rate: 5.02 %
Total Expenses: $0 USD

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 120
Type: Surface
Included in Rent: Yes
Gillian Greenfield 540-974-3927 Greenfield Commercial
Gillian Greenfield 540-974-3927 Greenfield Commercial