$1,390,000
9720 CAPITAL CT #300 & 403 Manassas, VA 20110
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$1,390,000
Est. payment /mo
5,000 SqFt
UPDATED:
11/20/2024 01:22 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $278
Subdivision Gateway Professonal Building
MLS Listing ID VAMN2007288
Originating Board BRIGHT
Year Built 2006
Annual Tax Amount $11,213
Tax Year 2024
Property Description
Investment Opportunity: Two Fortune 500 leased Class A office condos overlooking Manassas Airport and Innovation in Manassas, VA. Currently leased to Applied Materials (semiconductors) and Accenture, both Fortune 500 companies. Great window lines offer spectacular panoramic views. Building includes elevators and nicely decorated lobby. Located near Manassas Airport and Prince William Parkway and RT 28 interchange. Suites can be sold separately.
Suite 300 with 3149 sf: Tenant, Applied Materials, Inc. (Semiconductor) Fortune 500 moved in February 2019. New 5 year lease renewal signed in November 2024 with two (2) Five (5) year options to renew.
Suite 403 with 1870 sf: Tenant, Accenture, Fortune 500, moved in June 2019.
New 5 year lease signed in October 2024.
Sale Price: $1,390.000 NOI: $86,581.89 Cap Rate: 6.2%
Suite 300 with 3149 sf: Tenant, Applied Materials, Inc. (Semiconductor) Fortune 500 moved in February 2019. New 5 year lease renewal signed in November 2024 with two (2) Five (5) year options to renew.
Suite 403 with 1870 sf: Tenant, Accenture, Fortune 500, moved in June 2019.
New 5 year lease signed in October 2024.
Sale Price: $1,390.000 NOI: $86,581.89 Cap Rate: 6.2%
Location
State VA
County Manassas City
Zoning B-1
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 105.0
Waterfront N
Water Access N
Accessibility Elevator
Total Parking Spaces 105
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Manassas City Public Schools
Others
Tax ID 102/10 00/ 5C/ 300/
Ownership Condominium
Special Listing Condition Standard
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Listed by Edward B Wright III • Wright Realty, Inc.