1330 Progress Drive
Front Royal, VA 22630
MLS #WR10211488

    Est. P&I payment: $11076.03/mo
    Description for 1330 Progress Drive, Front Royal, VA 22630
    For Sale, NNN Sale/Leaseback. 47,300+-sf industrial building on 2.62+- acres zoned Industrial. Leaseback will be a 15 Year Term Lease with zero LL responsibilities. Building features 40,300+- sf of warehouse/production area, 7,000+- sf of office with a full mezzanine above rated at 2,400 lbs/sf. The building was built in 1990 and is extremely well maintained. NOI $189,200. Price $2,900,000.
    MLS #WR10211488
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    My Notes for MLS #WR10211488

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Industrial,​Warehouse
    • Zoning Code: INDUSTRI

    Exterior Features

    • Stories: 1
    • Lot Area Acre: 3
    • Lot Size Area: 130,680
    • Water Front: N
    • Parking: Free,​Surface

    Interior Features

    • Gross SQFT: 47,300
    • Leasable SQFT: 47,300
    • Net SQFT: 47,300

    Utilities Features

    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Total Taxes: 18,614.71
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 3,201.26
    • City Town Tax Payment Freq: Annually
    • County Tax: 15,413.45
    • County Tax Payment Freq: Annually
    • Tax Year: 2017
    • Improvement Assessment Amount: 2,201,000
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 170,300
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 2,371,300
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2015
    • Monthly Gross Rent: 15,766
    • Rental Net Operating Income: 189,200

    Community Features

    Misc Features

    • Year Built: 1990
    • Tenancy: 3+ Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No


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    The listing information for 1330 Progress Drive, Front Royal, VA 22630 was graciously provided by our friends at the listing brokerage, Oakcrest Commercial Real Estate

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    P&I Payment $11076.03
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    Last Updated 04/25/2018 at 7:46pm
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