NNN Lease Medical Buildings for Sale

NNN Lease Medical Office Buildings For Sale – Portfolio

44095 Pipeline Plaza  Ashburn, VA

Inova

$1,700,000 | CAP Rate 6.50% NOI $110,376

Rent Escalation 3% Annually

Unit Size 5,256 SF

Business Type Medical Practice

Lease Type NNN Condo

Available only as portfolio purchase with at least one additional unit

 Offerwise

$750,000 | CAP Rate 8.00% NOI $60,067

Rent Escalation 3% Annually

Unit Size 2,777 SF

Business Type Internet Marketing Strategy

Lease Type NNN Condo

RPL

$1,238,857 | CAP Rate 7.00% NOI $86,720

Rent Escalation 3% Annually

Unit Size 4,336 SF

Business Type Residential Land Development

Lease Type NNN Condo

 WebMD

$876,000 | CAP Rate 6.66% NOI $58,370

Rent Escalation 3.00% Annually 

Unit Size 2,920 SF

Business Type Health, Internet

Lease Type Full Service

HIGHLIGHTS

•Inova is anchor tenant with new 10-year NNN lease and building signage rights

•Three additional leased condominium units available for purchase

•All leases have 3.00% annual rent increases

•Newly developed Class A professional office built in high growth Ashburn, VA market

 For More information Contact:

JERRY BURG

Managing Director

(703) 787-4714

jburg@calkain.com

ANDREW FALLON

Associate

(703) 787-4714

afallon@calkain.com

Trophy Office Building For Sale In Northern Virginia

NNN Lease Market News

Another trophy office building goes on the market in Northern Virginia

A 356,370-square-foot, Class A office building in the Rosslyn-Ballston Corridor is on the market. Cushman & Wakefield said Tuesday today that it has been selected by MetLife to market the property at 1320 North Courthouse in Arlington for sale or joint venture investment.
“Given the current market conditions and the building’s premier location, we believe this property will be well received by investors and developers looking to acquire high quality real estate in the D.C. area,” Senior Managing Director Susan Carras said in a statement. She and Senior Managing Director Brian Dawson are leading the assignment. 

http://www.virginiabusiness.com/

New Rules For California Commercial Real Estate Market

NNN Lease Market News

Just as the California commercial real-estate market begins to stir from its postcrisis lows, many property developers fear they are about to lose a financing tool needed for hundreds of projects across the state.
Builders are lashing out against a provision in Gov. Jerry Brown's proposed budget that would eliminate the state's 425 redevelopment agencies, local authorities that pay for low-income housing as well as roads, sidewalks and other infrastructure.
The developments cover everything from a proposed $2.2 billion project with houses, shops and transit access across the river from downtown Sacramento to a planned affordable and senior housing development and child-care center near downtown San Diego.

http://online.wsj.com/

American Realty Capital Realty Capital Trust Purchased Net Lease Investment BB&T Bank Building for $3.85 Million

NNN Lease Market News

 

New York City-based American Realty Capital Trust Inc. purchased a 3,617-square-foot BB&T Net Lease Investment bank building for $3.85 million. The price equated to $1,065 per square foot.
Guenter Manczur of Calkain Cos. represented the buyer and William Holly of Holly Sime Realty represented the seller. “This acquisition demonstrates the value of well located investment real estate when leased to a high-credit tenant,” Manczur says in a press release. http://www.calkain.com/