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Commercial Sale - FRONT ROYAL, VA
This commercial property, originally constructed in 1980, has been fully renovated in 2024 with all new systems, roof, flooring, and finishes, offering a turnkey investment opportunity. The building is 100% leased to the Commonwealth of Virginia Department of Corrections, providing secure government credit tenancy and stable long-term income. The comprehensive renovation not only enhances curb appeal but also ensures operational efficiency, durability, and reduced maintenance costs. With its strategic location along Front Royal's primary commercial corridor, the property is positioned to remain highly competitive within the market. Ownership covers key operating expenses including electricity, insurance, landscaping, and trash collection, reducing tenant overhead and further strengthening retention. Investors can anticipate strong returns supported by both the government lease and the pr...
This commercial property, originally constructed in 1980, has been fully renovated in 2024 with all new systems, roof, flooring, and finishes, offering a turnkey investment opportunity. The building is 100% leased to the Commonwealth of Virginia Department of Corrections, providing secure government credit tenancy and stable long-term income. The comprehensive renovation not only enhances curb appeal but also ensures operational efficiency, durability, and reduced maintenance costs. With its strategic location along Front Royal's primary commercial corridor, the property is positioned to remain highly competitive within the market. Ownership covers key operating expenses including electricity, insurance, landscaping, and trash collection, reducing tenant overhead and further strengthening retention. Investors can anticipate strong returns supported by both the government lease and the property's improved market profile. In summary, this is a rare opportunity to acquire a fully modernized, government-leased asset in a high-visibility location, combining secure cash flow, long-term stability, and capital appreciation potential.
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