FAMILY DOLLAR
8,320 SF | 100% Leased | Retail Building | Wise, VA 24293 | $1,693,333 ($204/SF) | 7.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,693,333
- Property Type
-
Retail
- Square Feet
- 8,320 SF
- Price / Square Foot
- $204
Listing Contacts
Josh Bishop
Verified Profile
- Property Info
Property Overview
Broker of Record
Kyle Matthews
License No. No. 226035518 (VA)
(866) 899-0550
Matthews Real Estate Investment Services Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. No. 226035518 (VA)
(866) 899-0550
Matthews Real Estate Investment Services Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Class
- B
- Year Built
- 2016
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 45,302 SF
Highlights
- Corporately Guaranteed lease from Family Dollar who is an investment grade tenant (BBB)
- NN+ Lease Structure with minimal Landlord Responsibilities
- Six, 5-year options remaining with 10% rent increases in each option
- College Town to campus of UVA-Wise
- Receives Great Frontage to Park Ave NE, which sees average traffic counts of ±11,000 VPD
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