Waterford One - 2820 Waterford Lake Drive, Midlothian, VA 23112
Office Building Investment Highlights
- Immediate Opportunity to Increase NOI Up to Market Averages
- High Percentage of Credit Worthy Tenants
- History of High Occupancy Levels
- Loyal Tenants Demonstrated Commitment
The Waterford I Office Building located at 2820 Waterford Lake Drive offers a rare opportunity to acquire a Class A office building in one of the fastest growing areas in theRichmond suburban marketplace. Situated along a lake near the intersection of Coalfield Road and Genito Road, the Waterford I Office Building is within close proximity to the explosive retail growth along Hull Street and within minutes of Bon Secour’s Street. Francis hospital, Richmond’s newest medical complex. The retail growth along Hull Street is a direct result of the residential expansion from developments such as Brandermill and Woodlake. With the completion of I-288, the drive time between Chesterfield County and Henrico County is approximately twenty minutes making the building easily accessible to all parts of the Metropolitan area.
The quality and design of the Waterford I Office Building positions it uniquely in the marketplace. Some of its many attributes include:
- Steel and Reflective Glass Architectural Design
- Existing floor plates provide flexibility and efficient tenant layouts
- Strong existing credit worthy tenants
- Below Market Rents
- 100% Occupied
- Excellent exposure and access to Powhite Parkway and
Hull Street and recently completed Rt. 288 connecting the
Southside with the Northwest Quadrant of Richmond.
The Waterford I Office Building represents an exceptional investment opportunity in the Richmond suburban office market. Based on the quality construction, location and long-term leases to quality tenants, the building provides an exceptional investment in today’s marketplace.
