Holliday Fenoglio Fowler, L.P. (“HFF”) a Virginia licensed real estate broker has been retained by ownership (referred to as “Owner”) to assist with the transaction of Winchester MOB (the “Property”) that is currently comprised of approximately 149,695 square feet and located in Winchester, VA, offered free and clear of debt.
The Property is presented as an opportunity to take advantage of significant potential lease-up and cash flow growth. Winchester MOB currently includes 149,695 rentable square feet with in-place occupancy of approximately 60%, anchored by Valley Health (Moody’s A1) which occupies about 44% of the GLA.
Highlights
- Investment grade credit anchor tenant , Valley Health (Moody’s A1), occupying 44% of the current GLA
- Significant potential lease-up that will increase the average weighted lease term at the Property to 8.0 years and the occupancy to 92%
- Easy transit access, 1.8 miles from Route 37 and 2.5 miles from Interstate 81
- Demographics exceeding state averages in both population growth and household income
More Information
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