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
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 18
  • Parking Ratio 3.26 / 1,000 SF
  • Year Built 2002
  • Date Updated Oct 16, 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

broker

Wesley Edwards Is this you?

Jones Lang LaSalle

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

  • Mosby Meadow Market

    1.70 miles

  • Walmart

    1.83 miles

  • Brandy Station Park and Ride Lot

    6.34 miles

  • Lord Culpeper Hotel

    0.37 miles

  • Culpeper Center

    0.48 miles

  • Suites at 249

    0.55 miles

  • Holiday Inn Express & Suites Culpeper

    1.25 miles

  • Baymont

    1.32 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

  • Hampton Inn & Suites

    1.62 miles

  • KFC

    0.13 miles

  • Pancho Villa

    0.16 miles

  • Antojo Street Tacos

    0.22 miles

  • Lucio Restaurant

    0.23 miles

  • Luigi's Italian Restaurant

    0.25 miles

  • Subway

    0.31 miles

  • Country Cookin'

    0.32 miles

  • Papa John's

    0.32 miles

  • Dragon Chef

    0.33 miles

  • Burnt Ends BBQ

    0.36 miles

  • Culpeper Cosmetology Training Center

    0.45 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

  • Culpeper County Middle School

    2.06 miles

  • Eastern View High School

    3.04 miles

  • Kids Central Day Care

    0.37 miles

Frequently Asked Questions

How much does 1014 S Main St cost?

The space currently listed for sale at 1014 S Main St asks for $1,700,000.

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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