13885 Hedgewood Drive , #2

    WOODBRIDGE, VA 22193
    • $225,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: VAPW490810
    UPDATED: 180 min ago
    $225,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2007
    County:

    School Ratings & Info

    Description

    NEW PRICE** Huge Price Drop **HURRY to this Great Property for an Investor! This unit was fully built-out as a cafe. This property is under a five-year lease. We are two years into the five-year lease, which is renewable for another five years at Tenant's discretion. As part of the monthly rent payment, the Tenant pays to the Landlord property taxes and condo fees (on an actual basis and is responsible for increases). The Tenant also keeps insurance with the Landlord named as Additional Insured. This is a safe and predictable investment property with a NEW 7.15% CAP rate. The property has a full kitchen including an extended length hood (12-feet long and five feet deep), so it will always be in demand as a rental investment property. The buildings were completed in the 2007 time-frame. The current tenant is operating a growing popcorn business and has opened a second location within only two years in operation. The tenant is current on rent. The retail/office center is now fully operational with dentists, hair-salons, a pizza shop, therapists, and many other uses. There are a daycare center and retirement housing within walking distance. The center is located just off the busy Prince William Pkwy and Minnieville Road intersections and is surrounded by vibrant residential and commercial neighborhoods. If you or your client have been looking for a safe, commercial property to invest in, where the tenant pays all the taxes and operating expenses, then this is the one for you. Just check out our flyer for more details about the property. Call Karrina with any questions or to make arrangements to view the property. An advance appointment is required.

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    ©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 Tom & Cindy and Associates | Long & Foster Realtors. 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: 2020-05-25T23:49:18.247.
    www.tomandcindyhomes.com/homes/104336098

    13885 Hedgewood Drive , #2 WOODBRIDGE, VA 22193

    • Price: $225,000
    • Status: Active
    • Updated: 180 min ago
    • ID#: VAPW490810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2007
    Built
    County:
    Prince William
    School District:
    Prince William County Public Schools
    Property Description
    NEW PRICE** Huge Price Drop **HURRY to this Great Property for an Investor! This unit was fully built-out as a cafe. This property is under a five-year lease. We are two years into the five-year lease, which is renewable for another five years at Tenant's discretion. As part of the monthly rent payment, the Tenant pays to the Landlord property taxes and condo fees (on an actual basis and is responsible for increases). The Tenant also keeps insurance with the Landlord named as Additional Insured. This is a safe and predictable investment property with a NEW 7.15% CAP rate. The property has a full kitchen including an extended length hood (12-feet long and five feet deep), so it will always be in demand as a rental investment property. The buildings were completed in the 2007 time-frame. The current tenant is operating a growing popcorn business and has opened a second location within only two years in operation. The tenant is current on rent. The retail/office center is now fully operational with dentists, hair-salons, a pizza shop, therapists, and many other uses. There are a daycare center and retirement housing within walking distance. The center is located just off the busy Prince William Pkwy and Minnieville Road intersections and is surrounded by vibrant residential and commercial neighborhoods. If you or your client have been looking for a safe, commercial property to invest in, where the tenant pays all the taxes and operating expenses, then this is the one for you. Just check out our flyer for more details about the property. Call Karrina with any questions or to make arrangements to view the property. An advance appointment is required.
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 780.00 Cooling Central A/C Exclusions Any Property And Fixtures Owned By The Tenant. Heating Heat Pump - Electric Backup Heating YN Yes Inclusions Kitchen Fixtures including SinksCooking Hood Net Square Feet 780.00

    Property Features

    Accessibility Features Elevator Assessment Year 2020 Association YN No Building Name Old Dominion Squ Business Type Restaurant/BarShopping Center Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Original MLSNumber 304071319867 Ownership Interest Condominium Possession 0-30 Days CdSettlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 1866.00 Tax Assessment Amount 156000.00 Vacation Rental YN No Water Source Public Zoning Pbd

    Listing courtesy of Re/Max Executives.


    ©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 Tom & Cindy and Associates | Long & Foster Realtors. 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: 2020-05-25T23:49:18.247.
     
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    7027A Manchester Blvd
    Alexandria VA, 22310