7180 Opal Rd, Warrenton, VA 20186
11,218 SF | Office Building | Warrenton, VA 20186 | $4,650,000 ($415/SF) | 5% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,650,000
- Property Type
-
Office
- Square Feet
- 11,218 SF
- Price / Square Foot
- $415
Listing Contacts
Rob Smith III
Verified Profile
- Property Info
Property Overview
This is a unique opportunity to own an exceptional property in a prime location and much sought-after Opal Service District with more future expansion possibilities for this property and the surrounding area—8.31 acres with two free-standing quality built Morton buildings. The main building was originally constructed in 2021, encompassing 9310 sq ft, consisting of 12 separate offices, a reception area, two mechanical rooms, a U-shaped kitchen, and (2) Separate Bathrooms with showers, storage, and laundry area—a 250-person conference/training room designed to meet future expansion and redesign. The second building is 1908 sq ft and has a Large open garage space with rolltop door, currently used for training and 3+ offices, separate HVAC, ample parking for 46 spaces, two handicap spaces and EV charging station, side covered patio area with built-in benches and grill, (2) fenced off picnic areas. Highlights include a Backup generator, less than 500' to redlight at Rt 15/29 & Opal Rd with over 89,000 VPD (vehicle count), (2) wells, and (2) septic tanks, and the property can expand for an additional 8700 more in sq. ft of building space. Land has cleared spaces for outdoor training with a special-use permit, surrounded by a wood line for privacy. Zoned C-2 for multiple uses and specialties, a Long-term Triple Net tenant is paying $19,375/month, NOI $232,500 (Making that a 5% Cap rate) is in place until 2028. Less than 15 mins. to downtown Warrenton, 20 mins to Culpeper, Approx 50 Mins to Washington-Dulles Airport, Multiple Restaurants, Shopping, and other Amenities nearby, (3) gas stations within 1 mile (Sheetz, Royal Farms, Shell).
Property Details
- Class
- B
- Year Built
- 2021
- Stories
- 1
- Lot Size (sq. ft)
- 361,984 SF
Highlights
- 5% Cap Rate
- Steel and Metal Construction
- 8.21 Acres
- 8700 add'l square feet can be added
- Parking for 46 Vehicles
- EV charging
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