Fully Leased Medical Office Condo Sold in Leesburg for 7.47% Cap Rate by Serafin Real Estate

Serafin Real Estate is proud to announce the successful sale of 19420 Golf Vista Plaza, Suite 220, closing out the year on a high note.

Joe Serafin and the team at Serafin Real Estate successfully brokered the sale of this investment property, securing a closing price of $460,000 on December 29, 2025, our final transaction of the year.

The sale highlights the importance of strategic positioning and accurate pricing in the Northern Virginia commercial real estate market. By pivoting from a vacant owner-user offering to a stabilized investment sale anchored by a medical tenant, we were able to attract the right capital and close efficiently.

Sale Details: A Strategic End-of-Year Closing

The transaction closed on December 29, 2025, at a price of $460,000. This sale represents a successful exit for our client and a solid acquisition for the private investor buyer.

• • Sale Price: $460,000
  • Cap Rate:  7.47%

• • Price per SF: $230.80

• • Buyer: Private Investor

• • Seller: Private Client

• • Asset Class: Medical Office Condominium

• • Date Closed: December 29, 2025

Property Overview: 19420 Golf Vista Plaza

The property is a 1,993 SF medical office condominium located in the Lansdowne area of Leesburg, VA.

• • Full Address: 19420 Golf Vista Plaza, Suite 220, Leesburg, VA 20176

• • Total Building SF: 1,993 SF

• • Zoning: PDOP – Planned Development Office Park

• • Tenancy: Fully Leased to Jaxsens Wellness Center

The Challenge: Navigating Vacancy and Market Shifts

This transaction was not without its complexities. The property was originally introduced to the market as a vacant building. Due to specific market conditions at that time and the challenges of selling vacant space in this asset class, the property initially struggled to achieve the price point the seller desired.

Recognizing that the market response was lukewarm to a vacancy, the strategy needed to change. The seller, following our consultation, removed the listing to focus on leasing the space.

The Solution: Strategic Repositioning by Serafin Real Estate

Once the property was successfully leased to Jaxsens Wellness Center, a holistic healthcare provider, the client returned to Serafin Real Estate to list the asset again—this time as an income-producing investment property.

Joe Serafin advised the client on a new pricing strategy that reflected the value of the in-place income stream while remaining competitive in the current high-interest environment. With a lease in place through August 2028 and annual rent escalations, the asset offered stable cash flow. This shift in strategy—moving from “vacant potential” to “stabilized investment”—changed the narrative completely.

Key Success Factors:

• • Accurate Pricing: We advised pricing that was “taken seriously” by the investment community immediately upon hitting the market.

• • Speed to Close: The property went from Active to Closed in just 4 months.

• • Investor Network: We leveraged our database to identify investors seeking stabilized, lower-price-point assets in Northern Virginia.

Neighborhood Overview: Prime Medical Location in Lansdowne

• Prime Medical Location: Strategically situated adjacent to Inova Loudoun Hospital in the Lansdowne submarket, the property benefits from a robust medical corridor that ensures consistent patient traffic and high barriers to entry.

 

• Top-Tier Demographics: Located in Loudoun County, one of the wealthiest and fastest-growing counties in the nation, the area features a median household income exceeding $160,000 and a rapidly expanding residential base.

 

• Superior Connectivity & Amenities: The site offers direct access to Route 7 and Dulles International Airport, surrounded by major anchors like Wegmans, Whole Foods, and Costco, as well as the Leesburg Premium Outlets.

Frequently Asked Questions (FAQs)

Q1: Why was the property taken off the market initially? The property was originally listed as vacant. Due to market conditions at the time, we advised the client that securing a tenant would significantly increase the asset’s liquidity and value.

Q2: Who is the tenant anchoring this investment? The property is leased to Jaxsens Wellness Center, an established healthcare provider specializing in chiropractic care, regenerative medicine, and holistic wellness.

Q3: How long did the sale take once re-listed? Once re-listed as an investment property with Serafin Real Estate, the transaction moved from Active to Closed in just 4 months.

Q4: What makes this location desirable for medical office investment? The property is located in a prime medical corridor immediately adjacent to Inova Loudoun Hospital and near major retail anchors like Wegmans and Whole Foods, ensuring high visibility and accessibility.

Q5: What role did Serafin Real Estate play? Joe Serafin provided critical advisory services regarding the pivot from owner-user to investment sale, set the strategic pricing, and managed the negotiation to ensure a closing before year-end.