669 Berkmar Cir

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669 Berkmar Cir

Charlottesville, VA 22901
Asking Price
Contact for price
Asset Type
Medical Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is located at 669 Berkmar Cir in Charlottesville.
  • This property serves as a specialized medical office retail space.
  • Charlottesville is home to major regional employers and institutions.
  • The location is suitable for clinical or outpatient healthcare use.
  • The building is situated within an active local commercial corridor.

What's Special

The medical office located at 669 Berkmar Cir in Charlottesville, Virginia, sits within a key commercial corridor of the city. This retail asset is well-positioned for practitioners or healthcare providers seeking space in a growing submarket known for its proximity to educational institutions and regional medical centers. Charlottesville maintains a steady economic base driven by the University of Virginia and a robust professional workforce, supporting consistent demand for specialized medical services. Investors and medical professionals may utilize this property for a variety of clinical operations, including private practices, urgent care centers, or outpatient facilities. The location offers accessibility for both local residents and those commuting from surrounding Albemarle County communities. The configuration supports professional build-outs tailored to standard medical administrative and patient care requirements. Prospective buyers have the opportunity to acquire a functional asset in an established market that continues to see long-term demographic stability.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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