601 Biotech Drive - Commonwealth Biotechnologies Inc
Richmond, VA 23235 - Midlothian Corridor Submarket
Property Type:Office Sub Type:- Status:Existing Year Built:1998
Stories:1 Typical Floor:32,194 SF Building Size:32,194 SF
For Sale Price:$6,438,000 Price/SF:$199.98
Cap Rate:9.00 %
Parking:Free Surface spaces are available; Ratio of 3.42/1,000 SF
Completed in 1998, the 32,194 square foot CBI Building has a prominent location in Gateway Centre, one of Richmond’s suburban office parks. Built with steel framing, the exterior is attractively finished pre-cast concrete with teal aluminum window mullions containing dual pane, tinted glass...a timeless architecture. Situated on 4.592 acres, the site is well landscaped and has 110 parking spaces. There is room for an additional 10,000 square feet along with 22 more parking spaces. The building is comprised of an attractively appointed lobby, separate office area, state-of-the art research laboratories and a warehouse with loading dock. Fully monitored 24-hour security, advanced air filtration/exhaust system and energy recovery system are also enhancements to this property.
Sale Notes:
32,194 sq. ft. single story office/laboratory building completed in 1998.
• Sale-Leaseback for new 10 year term on NNN basis with annual escalations.
• CDC approved Bio-safety Level 3 (BSL-3) facility.
• 4.592 acres with 110 parking spaces.
• Located in master planned Gateway Centre Office Park.
• Interchange with Powhite Parkway & Midlothian
Turnpike adjacent to park.
• Signalized at both Gateway Centre intersections with Midlothian Turnpike.
• Attractive pre-cast concrete construction.
• Existing site provides 10,000 sq ft expansion with 22 additional parking spaces
Richmond, VA 23235 - Midlothian Corridor Submarket
Property Type:Office Sub Type:- Status:Existing Year Built:1998
Stories:1 Typical Floor:32,194 SF Building Size:32,194 SF
For Sale Price:$6,438,000 Price/SF:$199.98
Cap Rate:9.00 %
Parking:Free Surface spaces are available; Ratio of 3.42/1,000 SF
Completed in 1998, the 32,194 square foot CBI Building has a prominent location in Gateway Centre, one of Richmond’s suburban office parks. Built with steel framing, the exterior is attractively finished pre-cast concrete with teal aluminum window mullions containing dual pane, tinted glass...a timeless architecture. Situated on 4.592 acres, the site is well landscaped and has 110 parking spaces. There is room for an additional 10,000 square feet along with 22 more parking spaces. The building is comprised of an attractively appointed lobby, separate office area, state-of-the art research laboratories and a warehouse with loading dock. Fully monitored 24-hour security, advanced air filtration/exhaust system and energy recovery system are also enhancements to this property.
Sale Notes:
32,194 sq. ft. single story office/laboratory building completed in 1998.
• Sale-Leaseback for new 10 year term on NNN basis with annual escalations.
• CDC approved Bio-safety Level 3 (BSL-3) facility.
• 4.592 acres with 110 parking spaces.
• Located in master planned Gateway Centre Office Park.
• Interchange with Powhite Parkway & Midlothian
Turnpike adjacent to park.
• Signalized at both Gateway Centre intersections with Midlothian Turnpike.
• Attractive pre-cast concrete construction.
• Existing site provides 10,000 sq ft expansion with 22 additional parking spaces