Offered for sale is a newly constructed single-tenant OrthoVirginia medical property located in one of the nation’s most desirable/high barrier-to entry markets in the country, Loudoun County, Virginia. The property is ideally positioned in the heart of the 90K square foot best-in-class Riverside Square shopping center. The offering represents a rare opportunity to acquire a long-term absolute NNN lease that includes 2.5% annual increases and is corporately backed by OrthoVirginia, Virginia’s premier orthopedic, physical therapy and sports medicine provider in the region with over 35 locations.

Market Overview

The wealthiest county in the country with a median household income of $142,299, Loudoun County is also one of the fastest growing counties in the U.S. with a population in excess of 429,000. The origins of Loudoun County’s wealth begin in the early 1960’s with the construction of Dulles International Airport (one of the three major airports servicing the DC metro area – host to nearly 60,000 passengers a day). Businesses followed, leading to rapid growth and eventually a boom in high-tech, well-paid jobs. Major employers that help fuel the county’s thriving economy include Northrop Grumman, Raytheon Technologies, Inova Health System, Verizon Business, Telos Corporation, Orbital Sciences Corporation, Paxfire and Amazon. The county also hosts a high concentration of data centers (60+); a number of which power the cloud operations of Amazon. Loudoun County also happens to take fourth place in the U.S. News /& World Report healthiest community rankings. The county retains a strong rural economy, host to nearly 40 wineries and 25+ active farms. Loudoun County’s rural feel but tech heavy industry and close proximity to DC make it one of the nation’s best places to live, work and play.