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Journal Complex 2 Office Properties Offered at $2,550,000 in King George, VA
INVESTMENT HIGHLIGHTS
- Excellent visibility along Route 3 with access to 301
- Two well-maintained buildings with 100% occupancy
- Flexible layouts ideal for medical and retail
EXECUTIVE SUMMARY
Johnson Realty Advisors is pleased to present a rare chance to acquire two well-maintained office buildings located at 11131 Journal Parkway and 10250 Kings Highway in King George, Virginia. These properties offer excellent visibility along the area’s primary commercial corridor with strong regional accessibility.
Together, the buildings feature flexible layouts ideal for professional, medical, or administrative tenants, making them highly adaptable to a variety of uses. Positioned near key government offices, retail centers, and surrounded by growing residential communities, this portfolio is perfectly suited for owner-users or investors looking to capitalize on the expanding King George market.
Don’t miss this opportunity to secure a strategic foothold in a thriving commercial hub.
Together, the buildings feature flexible layouts ideal for professional, medical, or administrative tenants, making them highly adaptable to a variety of uses. Positioned near key government offices, retail centers, and surrounded by growing residential communities, this portfolio is perfectly suited for owner-users or investors looking to capitalize on the expanding King George market.
Don’t miss this opportunity to secure a strategic foothold in a thriving commercial hub.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
$287,222
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$287,222
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$96,501
|
| Net Operating Income |
$190,721
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $287,222 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $287,222 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $96,501 |
| Net Operating Income | |
|---|---|
| Annual | $190,721 |
PROPERTY FACTS
| Price | $2,550,000 | Status | Under Contract |
| Price / SF | $110.87 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 2 |
| Cap Rate | 7.48% | Total Building Size | 23,000 SF |
| Sale Type | Investment or Owner User | Total Land Area | 10.93 AC |
| Price | $2,550,000 |
| Price / SF | $110.87 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.48% |
| Sale Type | Investment or Owner User |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 23,000 SF |
| Total Land Area | 10.93 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Mary Washington Urgent Care
11131 Journal Pky, King George, VA 22485 |
Office | 15,000 SF | 2009 | $1,625,000 |
|
Journal Complex
10244-10258 Kings Hwy, King George, VA 22485 |
Office | 8,000 SF | 2008 | $925,000 |
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