Two First Floor Retail Units. Units Offered Together or Separately. Building Signage with Visibility from Route 15/Leesburg Bypass. Owner/User Investment Opportunity. Strategic Location with Proximity to Leesburg Outlets, Restaurants and Amenities. Unit 130: 2,245 sf $887,000. Unit 135: 3,041 sf $1,201,000.
Bank Ordered Foreclosure - Loudoun Co. - Income Producing Bank Branch Office - Leased to Nat'l Bank Tenant w Long Term Lease 2 yrs. 3 mo. remaining w 5 year renewal option in place - No Scheduled Showings Allowed - List Price is Suggested Opening Offer Amount and may not reflect the final sales price, seller reserves the right to reject any offers. Onsite and Online auction on Thursday, April 11th at 11:00 AM EST at the Loudoun County Courthouse. Income-producing commercial building with a long term tenant. The property is located in The Town of Leesburg's Economic Development Crescent Design District. It is zoned CD-C, Crescent Design â Commercial use with high traffic counts (75,000 VPD), and frontage on Market St. - Recent Appraisal Value $2,400,000 - The auction for this property will take place online and in-person on April 11th @ 11:00 AM EST, with the in-person auction being held at the Loudoun County Courthouse at 18 East Market Street Leesburg, VA 20176. ***ONLINE Bidders deposit must be received no later than 24 hours prior to the Foreclosure Auction, IN-PERSON bidders must provide the deposit in the form of a cashierâs check payable to the substitute trustee, Jeffrey A. Ward Property Highlights: Prime Location within Leesburg's Economic Development Crescent Design District Income Producing with Long-Term Lease w 2 yrs. 3 mo. remaining with a 5 year renewal option. Versatile Commercial/Industrial Use Building Area 2,705 Sq. Ft. Land Area .53 AC (23,087 Sq. Ft.) Converted to Bank Branch in 2006 Zoned CD-C, Crescent Design â Commercial Town of Leesburg Exceptional Traffic Counts - 75,000 VPD Two Curb Cuts and 97 +/- feet of Frontage on Market Street Convenient Drive-Thru Window Attractive Brick Exterior Utilities include electricity, natural gas, telephone service, public water and public sewer are available and connected Ample 7,000 SF Paved Parking Lot with 19 Parking Spaces POTENTIAL GROSS RENTAL INCOME Potential Gross Rental Income is based on current contract rent of $174,037.50, annually NET OPERATING INCOME NOI Contract Rent: $174,038, Reimbursements: $15,422, Potential Gross Income: $189,460, Operating Expenses: Real Estate Taxes $15,422, Total Expenses $15,422, NOI: $174,038 Summary of Lease Terms Tenant: National Bank & Trust Company Use: Bank branch Land Area: (acres) 0.53 Building Area (sf) 2,705 Lease Date: Original Lease: February 25, 2006 Lease Extension and Modification Agreement: December 9, 2020 Lease Commencement Date June 22, 2006 Term: Initial Term of 10 years; Two 5-year renewal options exercised Expiration Date June 31, 2026 (sic) Per Lease Extension and Modification Agreement dated December 9, 2020 Renewal Options One 5-year renewal option remaining (with 6 monthsâ notice) at $191,441.25 annual (10% escalation) Annual Base Rent Years 1-5: $130,000 ($48.06 psf GBA; $5.63 psf land) Years 6-10: $145,600 ($53.83 psf GBA; $6.31 psf land) Renewal Option 1 Years 11-15: $163,800 ($60.29 psf GBA; $7.10 per psf land) Renewal Option 2 Current Term Years 16-20: $174,037.50 ($64.34 psf GBA; $7.54 psf land) Renewal Option 3 Years 21-25: $191,441.25 ($70.77 psf GBA; $8.29 psf land) Escalations The original lease escalated 12.0% in Year 6 and 12.5% every five years thereafter. The lease rate was renegotiated with Renewal Option 2 in Year 16. The escalation for Renewal Option 3 is 10%. Operating Expenses: Triple Net; Real estate taxes are reimbursed to the Landlord
We are pleased to present the opportunity to acquire Established Assisted Living in MD, a 3,629 square foot retail center located in the affluent and rapidly growing community of Montgomery Village , MD. The Property is included in the sale and built out to accommodate and service 8 tenants with a huge value add component for raising revenue. Close access to quick service restaurants, personal care, and shopping. This 30 yr+ established Assisted Living is a great acquisition for an established operation or new to the business operator. At market rate, new owners will have an opportunity to increase revenues to 624,000.00 per year.
For Sale, For Lease or We build to suit. Perfect for fast food, restaurants, pharmacy, shopping center or any retail lot. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery on June 1st. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in anyway we can.
For Sale, For Lease or We build to suit. Perfect for fast food, restaurants, pharmacy or any retail lot. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery on June 1st. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in anyway we can.
This is Downtown Leesburg. - American historic though booming town. Walk to many retails and restaurants. Right by W&OD Trail. Very convenience space and close to everything. Shell condition. You can lease it for $1995.
Now offered for sale! The Fulton Bank Building features a great location with impressive access and visibility on a corner lot in Historic downtown Boonsboro. Large Lot includes a Drive Through and Parking for 20 vehicles. Two levels, 3960 sq. ft each. Currently two tenants, with a vacant space for more income potential! Rent Roll and Leases available upon request.
We have a development in Boonsboro, Maryland (i.e. The Preserve at Fox Gap) and as seen in the attached file, there are several commercial sites available and we are more than happy to customize a site for you. We can change property lines to accommodate your needs. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery. As we mentioned, we can build to suit, do a land lease or do an outright sale, whichever you prefer. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in any way we can.
Price reduction! Business sale. Excellent opportunity to own this well established business in the heart of Gaithersburg. Hair and nails. Same location for almost 20 years. Very nice and clean with hundreds of satisfied customers. Come and take over this business and be your own boss. No real estate. 6 figure gross revenue. Leasehold improvements 60k+ Large parking lot. Future development of Lakeforest Mall. Surrounded by public transportation and multiple shopping centers. Located off Frederick Rd.
The building at 438 N. Frederick Ave. is a 72,626 SF, 4 story office building in Gaithersburg. The Fairview building has established a new take on office space by providing shared amenities including executive conference rooms, fully appointed kitchen, and climate controlled storage on each floor. The building was fully renovated in 2007 including a spectacular new main lobby, new HVAC and fire, life safety and alarm systems. Building also includes a shared in-house fitness center and micro-market. Located on Rt. 355 with easy access to I-270 and bus line. All amenities within walking distance: restaurants, retail shopping, pharmacy, gas stations and more. Non-assigned parking is plentiful (160 surface and 40 covered)- never, never, never an issue to find a spot for you and your clients. Building is fiberlit. Uses include attorney, accountant, doctor, therapist, physical therapy, chiropractic, IT consulting services, counseling and more. The office condo being offered for sale is about 1,192 SF. There is a current tenant in place with a 5 year lease agreement (currently on year 2 of that agreement).
Great Business Opportunity!! The long time owner is retiring and this will be great opportunity to anyone. Located within a shopping center next to well-known groceries and retail shops with lots of regular customers. This retail shop is like compact version of Walmart or CVS and carries people's everyday needs. The business has great cash flow and product expandability. Please contact listing agent for details. Don't miss this great opportunity!!!!
Beautiful corner office suite with superior layout and finishes. Central reception desk with perimeter offices and central conference room. Potential to assemble up to 7,045 contiguous sq.ft. with adjoining Suite 203. Across the street for Inova Loudoun Hospital and Lansdowne Conference Center/Resort (45 holes of golf on Robert Trent Jones, Greg Norman and executive 9-holes courses).
DO NOT DISTURB BUSINESS - ALL INQUIRIES/SHOWINGS MUST GO THROUGH THE LISTING AGENT. Welcome to a prime opportunity in the heart of Kentlands, Gaithersburg! This thriving hair salon business is available for purchase at an attractive price of $89,000. This business offers a unique chance to step into a turnkey operation with a very tenant-friendly lease and remarkably low lease payments, ensuring a solid foundation for profitability. BONUS: The property is currently cash flowing, thanks to a team of talented stylists who are committed to staying on. The location couldn't be more desirableâKentlands is renowned for its vibrant community and affluent clientele, making it an ideal spot for a salon business. This business is a stape in the community and has been at this location for over ten years. This established client base and dedicated staff ensure a seamless transition for any new owner looking to step into this dynamic industry. With a steady stream of repeat customers and walk-ins, this salon represents a lucrative investment opportunity in a sought-after location. Furthermore, Gaithersburg boasts a robust economy and a growing population, providing a steady flow of potential clients. The Kentlands area specifically offers a mix of residential and commercial spaces, ensuring a constant influx of foot traffic. This salon's favorable lease terms, coupled with its existing client base and prime location, make it a compelling investment for anyone seeking to enter or expand within the beauty and wellness industry. Don't miss out on this chance to own a profitable business in one of Gaithersburg's most coveted neighborhoods! Schedule a viewing today to explore this fantastic opportunity firsthand.
Tenant Renewed Early for 3rd Time 1st Floor Oppty/HUBZone Owner Occupant Oppty Approx. 1000 SF Gaithersburg MD Lease now extends to 11/30/28. Also, the Lease has flexibility for a Buyer since there is an option in the Lease for the New Owner to maintain the current Renewed Favorable Lease or terminate the Lease if they wish to be an Owner Occupant Buyer! Rarely available HUBZone/Opportunity Zone property. 1st floor location in this highly desirable business park. This Recession proof stable investment property is currently leased to a very successful established organization that has a diversified business portfolio including tax preparation services, translation services, vending machine sales and others. They outgrew their previous location and moved to this location in 2019 and signed an initial one year lease but renewed early three times now and the Lease now runs through 11/30/2028. Minimal Landlord Responsibilities. The Landlord pays base real estate taxes and condo fees. Tenant pays any increase from base real estate taxes and condo fees. Lease includes annual increases of 4%. Tenant pays for repairs as well as Utilities (Water and Electric), Cleaning and upkeep. The Current owner invested approximately 20K in renovations to accommodate tenant including a new HVAC in 2016. This is rare opportunity to own the most prized area of any building (the 1st Floor Retail/Medical office space) without having the challenges of leasing or owning standard higher floors office space. This Beautiful Office Condo Community located next to the Historic Chestnut Meem District is a hidden gem in Montgomery County, MD. This first floor Office Condo located in Suite 120 (5A) has 4 large windowed offices, a reception area, private restroom, 2 exterior entrances and free and plentiful parking. The community just reinvested in a new roof, gutters and repaving of the parking lot. Excellent location near Montgomery County Fair Grounds, restaurants, shopping and very close to both 355 and I-270. This property is located in a Tax advantaged Opportunity Zone creating an attractive long term real estate investment. This property is also located in a Federally Designated HUBZone area which is an excellent opportunity for a long term tenant Government Contractor or an Owner/User Government Contractor who needs that location status. Cap rate includes estimated tax benefits in the calculation. Great long term stable investment opportunity or excellent Owner Occupied opportunity to build equity and provide a financial nest egg for your future.
22-28 N Main is a fantastic commercial site in downtown Boonsboro, all units are rented including the commercial space! Enjoy Main Street access as well as parking lot access and lots of storage space!
17,678 square foot site is zoned CBD â Central Business District (City of Gaithersburg) intended for townhome development, retail or an office use. Corner location at the intersection of Lee Street with easy access to I-270 and Route 355. Walking distance to the historic Old Towne Gaithersburg shopping & restaurant district.
Automotive Service business for sale. Equipment is included. Building lease is approx. $7333 per month and 3-5 year terms or longer. 14' ceiling height's and 12' garage door heights. A/C Charging Equipment - Lifts (6 in total) - Alignment Bay & Machine - Tire Changing & Balancing Machines - Waste Oil Boiler - Welding Equipment. Owner has 30 years in the business, Excellent clientele and repeat business Tag and title service on all inspections. Licensed. Owner will stay through transition but is retiring. SBA financing is available for this type of business, Excellent 3 years of financials available with Non Disclosure signed.
Located in Olde Towne Gaithersburg this 1912 Victorian is zoned Central Business District. It features an 1,854 sq ft 2-level commercial space that features ramp access, reception desk, flexible work spaces & two half baths. Most recently used as a chiropractors office. It also has a spacious 1,100 square foot 2BR/2BA apartment that is completely seperate from the commercial space. The apt features a private outdoor deck area, rear entrance, high ceilings & tons of natural light. Flexible space could be great investment or opportunity for a business owner who wants to live on-site in the apt or use the apt as an income generator. Driveway leads to large parking lot that accommodates 10+ cars.
Total 3,954 square foot, 2nd floor office condos (#220 and #230) located in the Lakes at Ashbrook office park in Ashburn, VA. Very efficient floor plan. Property comes partially furnished . Walking distance to multiple amenities and down the road from One Loudoun and Route 28. *Contiguous with Unit 220.
Total 3,954 square foot, 2nd floor office condo (#220 and #230) located in the Lakes at Ashbrook office park in Ashburn, VA. Very efficient floor plan. Property comes partially furnished . Walking distance to multiple amenities and down the road from One Loudoun and Route 28. *Contiguous with Unit 230.
Premier Office Space Available â Prime Location in Ashburn Elevate your business presence with our meticulously designed office condo, strategically positioned in Ashburn, just 10 miles from Washington Dulles International Airport. This adaptable office space is your next business growth platform, offering unmatched flexibility and features:Versatile Use: Engineered for versatility, it can seamlessly serve as a single expansive office, two individual suites, or dynamic co-working spaces, complete with two separate entrances for convenience. Dual Functionality: Accommodates diverse business needs with ease, including 2 separate mailboxes for different entities or departments. Client-Centric Design: Two inviting reception areas ensure a warm welcome for your clients, alongside a cozy waiting area, enhancing their visit experience. Team Comforts: A contemporary kitchen space provides convenience for your team, while ample natural lighting fosters a vibrant and productive work environment. Privacy and Collaboration: Six private offices encourage focused work, complemented by two spacious conference rooms ideal for team collaboration and client meetings. Accessibility for Everyone: Two ADA-compliant bathrooms, ensuring your office is welcoming and accessible to all visitors and team members. Lease Security: Currently leased through December 31, 2024, with extension options, offering a stable investment opportunity. Size: 2,012 SF on the main level, guaranteeing easy access and a spacious layout for a thriving business environment.
Welcome to this exquisite church property, a sanctuary of spiritual tranquility situated in a peaceful and well-established community. This charming place of worship is an ideal opportunity for congregations seeking a new home. The property offers a blend of traditional elegance and modern amenities, catering to various needs.
