Office for Sale in Ruther Glen, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Ruther Glen, VA 22546
  • Year built: 2008

Description

Marcus & Millichap is pleased to present the Offering Memorandum for 8051 Prosperity Way, located in Ruther Glen, Virginia. This 17,600-square-foot, fully leased office property delivers stable cash flow from two long-term tenants and is strategically positioned in a growing submarket. The first floor is occupied by MEDICORP, the real estate arm of Mary Washington Healthcare, which began its tenancy in 2021. Founded in 1899, Mary Washington Healthcare has evolved into a non-profit regional health system that includes two hospitals with a combined 571 beds, three emergency departments, and more than 50 healthcare and wellness facilities. The organization is dedicated to improving the health and well-being of the communities it serves. The second floor is leased to Health Connect America, which has operated at this location since 2020. Serving five southeastern states, Health Connect America delivers comprehensive mental and behavioral health services to children, families, and adults. KEYS Academy, acquired by HCA in 2014, functions as an affiliated private, coeducational day school licensed by the Commonwealth of Virginia. It serves K–12 students with special education needs, including classifications such as Emotional Disabilities (ED), Autism, Other Health Impairments (OHI), and Specific Learning Disabilities (SLD). KEYS Academy currently operates schools in Culpeper, Charlottesville, Augusta, and Caroline County, with one additional location in development. The property is located in Ladysmith, a rapidly developing and underserved area within Caroline County, conveniently situated between the metropolitan hubs of Richmond and Fredericksburg. The surrounding retail and commercial activity further enhances the asset’s long-term value. With strong tenancy, contractual rent escalations, and enduring regional demand, 8051 Prosperity Way represents a compelling investment opportunity offering secure income and future growth potential. Investment Highlights: • Ideally

Market Context

This office in Ruther Glen, VA is listed for sale. It is offered at an approximate 8.2% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2008. It has been on the market for 68 days. Compare it against other office listings for sale in Ruther Glen, VA — <a href="/search/sale/office/virginia/ruther-glen">view the full market</a>.

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