10371 Central Park Dr
MANASSAS, VA 20110

$8,200,000

Description

There are several options of purchase for this property. The seller of the property occupies 21K SF, and the Central Park Aquatic Center occupies 24,650 SF. Both parties are willing to execute 10-Year Leases w/ 3% annual increases for an investor purchase. (Investment Proforma Attached in OM)An option for a new owner-user would be the seller vacating his 21,000 SF upon the sale for purchaser's immediate use. The current lease with the Aquatic Center expires Sept 1, 2021 for $360,000/annually with increases.Zoning permits by right: Self-StorageWarehousing and DistributionMotor Vehicle Establishment (Repairs and/or Sales)Heavy Equipment Sales and RentalsContractor ServicesR&D

Details

MLS#VAMN134512
StyleIndustrial
Sub-TypeResale
StatusActive
Year1998
Days On Site158

Features

SQ Feet44,800
Story(s)0
ZoningI2

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Area Information

StateVA
CityMANASSAS
Zip Code20110
Listing VS Median (in 20110)
Price:
$8,200,000
low | high
Med:
$320,000
100% of Average
SqFt:
44,800
low | high
Med:
2,024
100% of Average
$ / SqFt:
$183
low | high
Med:
$158
63.621903017449% of Average
On Site:
158
low | high
Med:
8
100% of Average
Listing Updated: 08/22/2019
MLS Number: VAMN134512
Listing Provided By:
Joseph N Serafin  of  Serafin Real estate