Industrial Flex NNN | UBEO | Commonwealth Digital

21205 Ridgetop Circle Sterling, VA 20166

21205 Ridgetop Circle, Sterling, VA, 20166
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FOR SALE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Last Verified:
Sep 17, 2024

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Highlights

  • - Zoning: PD-IP, ideal for data centers and various commercial uses.
  • - Land Value: Rare 3.63-acre parcel with significant intrinsic value.
  • - Building Size: Spacious 35,306 SF facility, adaptable for diverse needs.
  • - NOI: Immediate income with $850,000 annual rent.
  • - Lease Type: NNN lease, providing a hassle-free investment.
  • - Tenant: UBEO, the fastest-growing business technology organization in the country.
  • - FAR: By Right 0.60 (94,873 SF Potential Building Size).

Description

Introducing a prime investment opportunity located at 21205 Ridgetop Circle, Sterling, VA. This exceptional 35,306 SF industrial/flex space presents a rare chance to own within the sought-after Washington DC Metro area. Boasting a spacious 35,306 SF facility and a significant 3.63-acre land value, this property is zoned PD-IP, offering versatile use, including data centers. With 100% occupancy and a stable NNN lease providing $850,000 in annual rent, investors will benefit from immediate income. The property's 5-year lease term with UBEO, the fastest-growing business technology organization in the country, ensures a secure and promising investment opportunity.

UBEO recently purchased the Commonwealth Digital business and executed a 5-Year NNN lease with the Landlord.

Situated in the heart of the Washington DC Metro market, the surrounding area of the PD-IP Zoned Industrial Flex Building offers unparalleled access to major business and transportation hubs. Located just minutes from Washington Dulles International Airport, this strategic location provides seamless connectivity for businesses with global reach. The area is also home to prominent corporate neighbors such as Amazon Web Services, Raytheon, and Verizon. With a thriving economic landscape and a diverse talent pool, this prime location presents a compelling opportunity for Industrial / Flex Space investors seeking a strategic foothold in the dynamic Northern Virginia market.


Year Built: 1988
Building Size: 35306sq ft
Lot Size: 3.63 acres


Documents

Offering Memorandum

Map of 21205 Ridgetop Circle, Sterling, VA, 20166

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.