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Office Medical

Loudoun Medical Center Condos| Concentra-Anchored | Washington, D.C. MSA

45305 Catalina Ct, Sterling, VA 20166

Listing Price: Request For Offer

Gross SF
16,010
Rentable SF
16,010
Occupancy
100.0%
Year Built
2001
Lot Size
3.30 acres

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Net-Leased Medical Office Condos at 45305 Catalina Court, Sterling, VA (the “Property”). The Property is located in the heart of Loudoun County’s Dulles Technology Corridor and within minutes of Dulles International Airport (IAD), State Highway 28 (Rt. 28), State Highway 606 (Rt. 606) and the Dulles Greenway. Located in Loudoun County, the Property is in the wealthiest county in the United States with a median household income of $151,800. The Property was developed in 2001 by Peterson Companies, one of the largest privately-owned real estate development companies in the DC region, offering exceptional physical attributes and headquarters-caliber finishes reflective of a Class A medical office building. The single-story structure is constructed with 14-foot ceiling heights throughout, features private entrances and signage, has a natural brick facade, oversized windows, and offers its medical tenancy an abundant 4.00 per one thousand rentable-square-foot parking ratio. Moreover, the Property’s strategically located within a densely populated area featuring more than 242,000 people residing within a 5-mile radius.

Investment Highlights

  • CONCENTRA-ANCHORED CASH FLOW 100% leased (46% Concentra) with the ability to increase NOI through achievable market rent growth and contractual base rent escalations.
  • STICKY MEDICAL TENANCY Concentra has been in the building since 2005 with multiple renewals. Concentra, CARD and BrightView all have exceptional buildouts.
  • OUTSTANDING ACCESSIBILITY The Property is within minutes of Dulles International Airport (IAD), State Highway 28 (Rt. 28), State Highway 606 (Rt. 606) and the Dulles Greenway.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Office Medical

Loudoun Medical Center Condos| Concentra-Anchored | Washington, D.C. MSA

Listing Price: Request For Offer

Gross SF
16,010
Rentable SF
16,010
Occupancy
100.0%
Year Built
2001
Lot Size
3.30 acres

Investment Highlights

  • CONCENTRA-ANCHORED CASH FLOW 100% leased (46% Concentra) with the ability to increase NOI through achievable market rent growth and contractual base rent escalations.
  • STICKY MEDICAL TENANCY Concentra has been in the building since 2005 with multiple renewals. Concentra, CARD and BrightView all have exceptional buildouts.
  • OUTSTANDING ACCESSIBILITY The Property is within minutes of Dulles International Airport (IAD), State Highway 28 (Rt. 28), State Highway 606 (Rt. 606) and the Dulles Greenway.

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Net-Leased Medical Office Condos at 45305 Catalina Court, Sterling, VA (the “Property”). The Property is located in the heart of Loudoun County’s Dulles Technology Corridor and within minutes of Dulles International Airport (IAD), State Highway 28 (Rt. 28), State Highway 606 (Rt. 606) and the Dulles Greenway. Located in Loudoun County, the Property is in the wealthiest county in the United States with a median household income of $151,800. The Property was developed in 2001 by Peterson Companies, one of the largest privately-owned real estate development companies in the DC region, offering exceptional physical attributes and headquarters-caliber finishes reflective of a Class A medical office building. The single-story structure is constructed with 14-foot ceiling heights throughout, features private entrances and signage, has a natural brick facade, oversized windows, and offers its medical tenancy an abundant 4.00 per one thousand rentable-square-foot parking ratio. Moreover, the Property’s strategically located within a densely populated area featuring more than 242,000 people residing within a 5-mile radius.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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