Skip To Content
    Return to Previous Page

    101 South Street SE

    LEESBURG, VA 20175
    • $3,225,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: VALO421424
    UPDATED: 34 min ago
    $3,225,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1984
    County:

    School Ratings & Info

    Description

    NNN Investment Opportunity at Great Location in Downtown Leesburg Adjacent to Market Station and the New King Street Condo Development. Tenant Pays Property Insurance, Property Taxes, and Repairs.NOI: $211,084Cap Rate: 6.55%Rent Increases: 3% AnnuallyLease Commencement: May 1, 2001Lease Expiration: April 30, 2026

    Monthly Payment Calculator



    ©2020 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 The Redux Group | Keller Williams. 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: 2020-10-24T15:51:34.407.
    dmv.thereduxgroup.com/homes/110030650
    Print Image

    101 South Street SE LEESBURG, VA 20175

    • Price: $3,225,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: VALO421424
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    1984
    Built
    County:
    Loudoun
    School District:
    Loudoun County Public Schools
    Property Description
    NNN Investment Opportunity at Great Location in Downtown Leesburg Adjacent to Market Station and the New King Street Condo Development. Tenant Pays Property Insurance, Property Taxes, and Repairs.NOI: $211,084Cap Rate: 6.55%Rent Increases: 3% AnnuallyLease Commencement: May 1, 2001Lease Expiration: April 30, 2026
    Exterior Features

    Construction Materials Hardiplank Type Garage YN No Location Type Business District Lot Features Private Parking Features Private Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 9000.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 9000.00

    Property Features

    Accessibility Features Level Entry - Main Assessment Year 2020 Association YN No Business Type Professional Central Air YN Yes Cooling Fuel Electric Electric Expense 0.00 Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Maintenance Expense 0.00 Navigable Water YN N Net Operating Income 211084.00 New Construction YN No Number Of Units Total 1 Operating Expense 0.00 Original MLSNumber 304298717880 Owner Pays None Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 18085.00 Tax Assessment Amount 1483650.00 Total Actual Rent 211084.00 Trash Expense 0.00 Vacation Rental YN No Water Source Public Zoning 06 Zoning Description General Business (Leesburg)

    Listing courtesy of Serafin Real Estate.


    ©2020 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 The Redux Group | Keller Williams. 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: 2020-10-24T15:51:34.407.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304298717880-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304298717880-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304298717880-2.jpg
    Logo
    The Redux Group | Keller Williams
    11700 Plaza America Dr. Suite 150
    Reston VA, 20190