19026 Main St - Freestanding FOR SALE


Buchanan, VA 24066
$730,000 USD
415-480-0214
19026 Main St, Buchanan, VA for Sale
$730,000 USD
Freestanding - FOR SALE
1/20
null | 8.15% Cap Rate

19026 Main St
Buchanan, VA 24066


HIGHLIGHTS

  • Newly remodeled store & recent option extension further demonstrates Family Dollar's commitment to this location.
  • Current options period from 1/1/2023 to 12/31/2027.
  • 3 X 5 year options remain.
  • Landlord responsible for roof & structure.
  • Primary Term Escalations 10% each option period.

OVERVIEW

Located on high visibility Main Street which turns into Interstate 11 and runs parallel, eventually merges into Hwy81 going westbound. In addition to base rent, tenant will pay landlord a percentage rent equal to 3% of the gross sales in excess of $1,983,333.00 for each calendar year.

FOR SALE DETAILS

PRICE

$730,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

4

APN/PARCEL ID

65A-88D

ASK ABOUT THIS PROPERTY

Joshua BallesterosNAI Northern CaliforniaMore Info
415-480-0214

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Joshua BallesterosNAI Northern CaliforniaMore Info
415-480-0214

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