Christiansburg Medical Arts Building

10 Hickok Street,
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Purchase Price: $2,750,000

NOI: $221,865

Cap Rate: 8.07%

Price/Sq. Foot: $172

Year Built: 1992

Renovated: 2014/2018

Onsite Parking: 84 Spaces

Occupancy: 100%

Tenants: Lewis Gale Montgomery (HCA Virginia), Virginia Prosthetics, Advanced Home Care Services, VTest Laboratory Services, J Stephen Hudgins, M.D., Childress Insurance

Property Information:

The Medical Arts Building is a modern Class A Medical Office Building located in the center of the Central Business District of Christiansburg, VA. The property is comprised of 46-48 West Main Street & 10 Hickok Street. The 16,000SF asset is currently 100% Occupied with long-term leases in place and is home to Lewis Gale Montgomery (HCA Virginia), Virginia Prosthetics, and Advanced Home Care Services. The downtown business community includes a multitude of government offices, five banks, and numerous legal, insurance, and medical offices. Christiansburg is located within Virginia's Technology Corridor and is in the center of the Blacksburg/Christiansburg/Radford MSA.

$2 750 000

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