Map of Property

1014 S Main St

1014 S Main St, Culpeper, VA 22701

  • For Sale $1,700,000
  • Property Type Office
  • Property Size 5,520 SF
  • Lot Size 0.53 Acre
  • Parking Spaces Avail. 18
  • Parking Ratio 3.26 / 1,000 SF
  • Year Built 2002
  • Date Updated Mar 25, 2024

The property is entirely leased by the US Social Security Administration, whose lease commenced on June 1, 2022 for a term of 15 years with a termination option after 10 years. The “Shell Rent” is $83,517.60 ($15.13 per rentable square foot) with escalations of 12.5 percent every fifth year and includes a base year amount for real estate taxes, with the tenant responsible for any increases. The tenant also pays $25,408.89 annually ($4.60 per rentable square foot) as additional “Improvement Rent” for $199,632.00 of tenant improvement costs amortized over the 10-year firm term at 5.0 percent. Operating costs are reimbursed at $6.13 per rentable square foot for the base year, which adjusts at each anniversary of lease commencement by the change in the Consumer Price Index for Urban Wage Earners and Clerical Workers (up 3.6 percent for May 2023.) Otherwise, lease terms are standard for General Services Administration leases.

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Contacts

broker

Deborah K. Stearns Is this you?

Jones Lang LaSalle

(757) 961-3245

broker

Wesley Edwards Is this you?

Jones Lang LaSalle

(757) 287-4953

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Culpeper, VA
  • Neighborhood Culpeper
  • Zip Code 22701

Points of Interest

  • Culpeper

    0.55 miles

  • BP

    0.19 miles

  • Shell

    0.26 miles

  • Citgo

    0.30 miles

  • Exxon

    0.87 miles

  • 7-Eleven

    0.95 miles

  • 7-Eleven

    1.08 miles

  • Shell

    1.32 miles

  • 7-Eleven

    1.36 miles

  • Mosby Meadow Market

    1.70 miles

  • Walmart

    1.83 miles

  • Culpeper Center

    0.48 miles

  • Suites at 249

    0.54 miles

  • Holiday Inn Express & Suites Culpeper

    1.25 miles

  • Quality Inn

    1.35 miles

  • Red Roof Inn Culpeper

    1.40 miles

  • Microtel Inn & Suites by Wyndham Culpeper

    1.41 miles

  • Red Carpet Inn & Suites

    1.61 miles

  • The Melody Rose Cabin

    7.04 miles

  • KFC

    0.14 miles

  • Country Cookin'

    0.32 miles

  • Subway

    0.32 miles

  • Luigi's Italian Restaurant

    0.32 miles

  • CJ's Soft Serve Ice Cream

    0.32 miles

  • Papa John's

    0.32 miles

  • Dragon Chef

    0.33 miles

  • Grill 309

    0.39 miles

  • Grass Rootes

    0.53 miles

  • Deli Cious

    0.53 miles

  • Kids Central Day Care

    0.37 miles

  • Epiphany Catholic School

    0.66 miles

  • Farmington Elementary School

    0.94 miles

  • Culpeper Christian School

    0.97 miles

  • Sycamore Park Elementary School

    1.38 miles

  • Floyd T Binns Middle School

    1.47 miles

  • Saint Lukes Lutheran School

    1.53 miles

  • Germanna Community College

    1.60 miles

  • Pearl Sample Elementary School

    1.64 miles

  • Culpeper County High School

    2.03 miles

Frequently Asked Questions

What is the lease rate for 1014 S Main St?

Rental asking rate at 1014 S Main St is $850,000.00/YR.

What is the total square footage of 1014 S Main St?

1014 S Main St totals 5,520 square feet.

When was this property built?

1014 S Main St was built in 2002.

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