101 South Street SE

    Leesburg, VA 20175
    • $3,125,000
    • STATUS: Active
    • ON SITE: 5 days
    • ID#: LO10293649
    New On Site 5 Days Ago
    UPDATED: 43 min ago
    $3,125,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,000
      SQFT
    • $347
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Description

    NNN Investment Property in the Heart of Downtown Leesburg! NOI of $199k+, 3% Annual Increase, and 7 years remaining on lease with very solid tenant. Originally leased in 2001 with new 10-year lease signed in 2016. Property is located in the heart of the growing downtown Leesburg area in Loudoun County, Adjacent to Market Station. Appt Only, Do Not Disturb Tenant.

    Monthly Payment Calculator



    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Great Falls Great Homes | Long & Foster Real Estate are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-07-16T00:18:54.507.

    Great Falls Great Homes | Long & Foster Real Estate: 703-757-3222
    www.greatfallsgreathomes.com/homes/85460174

    101 South Street SE Leesburg, VA 20175

    • Price: $3,125,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: LO10293649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    9,000
    SQFT
    $347
    $/SQFT
    1990
    Built
    Neighborhood:
    Downtown Leesburg
    County:
    Loudoun
    Area:
    Loudoun
    Property Description
    NNN Investment Property in the Heart of Downtown Leesburg! NOI of $199k+, 3% Annual Increase, and 7 years remaining on lease with very solid tenant. Originally leased in 2001 with new 10-year lease signed in 2016. Property is located in the heart of the growing downtown Leesburg area in Loudoun County, Adjacent to Market Station. Appt Only, Do Not Disturb Tenant.
    Exterior Features

    Parking SurfacePrivate 11+ Spaces Parking Ratio 3/1000 SF Waterfront No

    Interior Features

    Net Sq Ft 9000.0

    Property Features

    Assessment Year 2018 Auction No City Town Tax 2741.96 City Town Tax Payment Freq Annually Comm Industrial Type Office Building County Tax 16584.41 County Tax Payment Freq Annually Current Financing Assum Qualify Election District 6 Expenses 0.0 For Sale Yes Foreclosure No Gross Income 199091.0 HOA No Improvement Assessment Amount 1046960.0 Improvement Assessment Payment Freq Annually Incorporated City 10000043868 Investment Yes Land Assessment Amount 431200.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 16591.0 New Construction No Occupied Yes Ownership Fee Simple Parking Included In List Price Yes Possession Subj-Exist Lease Present Use Commercial Property Net Operating Income 199091.0 Property Status Existing Rental Net Operating Income 16591.0 Sewer Septic Public Sewer Short Sale No Tax Year 2017 Tenancy 3+ Year Lease(S) Total Assessment 1478160.0 Total Assessment Payment Freq Annually Total Taxes 19326.37 Total Taxes Payment Freq Annually Vacancy Factor 0.0 Vacation Home No Water Public Year Renovated 2001 Zoning Code B-1

    Listing courtesy of Joseph Serafin of Clarke-Hook Real Estate, Llc..


    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Great Falls Great Homes | Long & Foster Real Estate are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-07-16T00:18:54.507.

    Great Falls Great Homes | Long & Foster Real Estate: 703-757-3222
     
    Great Falls Great Homes | Long & Foster Real Estate
    9841 Georgetown Pike
    Great Falls VA, 22066