1281 Main St - Freestanding FOR SALE


Altavista, VA 24517
$970,000 USD
512-430-4466
1281 Main St, Altavista, VA for Sale
$970,000 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

1281 Main St
Altavista, VA 24517


HIGHLIGHTS

  • CREDIT TENANT – Advance Stores Company, Incorporated (NYSE: AAP) is a nationally recognized auto parts retailer
  • LONG-TERM TENANT COMMITMENT – This year, the tenant demonstrated their strong dedication to this location by executing an early 10-year lease
  • ESTABLISHED OPERATING HISTORY – Advance Auto Parts has successfully operated at this location since its original Built-to-Suit construction
  • PRIME RETAIL LOCATION – Strategically positioned next to the Town & Country Shopping Center, this Advance Auto Parts benefits from strong co-tenancy
  • NEW DEVELOPMENT NEARBY – Situated less than a mile from Abbott Laboratories, one of Altavista’s leading employers
  • HIGHWAY 29 PROXIMITY – Strategically located just one mile from U.S. Highway 29, a major north-south corridor connecting Washington D.C. to Greensboro

OVERVIEW

Broker of Record Kyle Matthews License No. 226035518 (VA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

0840-0A000-008-D2

ASK ABOUT THIS PROPERTY

Christian BeckerMatthews Real Estate Investment ServicesMore Info
512-430-4466

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Christian BeckerMatthews Real Estate Investment ServicesMore Info
512-430-4466

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.