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Newer Retail Strip Mall 100% Rented
Location: United States -> Virginia -> Culpeper
Industry: Retail > Other Retail




Business Summary

Newer retail strip mall for sale with tenants including; Dollar Store, ABC Store, and Subway.
Right at the Spotsylvania/Orange County line off well traveled Route 3. Property neighbors McDonald's & Sheetz.
Property has 9 units on 1.831 acres. 100% Rented. All units are NNN leases with 3% annual increases. Current property management can stay in place if so desired.

Sale Price $2,795,000 CAP + 7.5%

Off Route 3 West toward Culpeper. Take a right on Lyndon Drive at the McDonald's just before Route 20.

Listed By Kim Gunselman at Gunselman Realty & Property Management, Fredericksburg, Va.

Email or Call Hayden at 540-379-8553 or 540-412-2707 for more information


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   $211,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700140319
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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