Newer Retail Strip Mall 100% Rented
www.GlobalBX.com
Listing ID:
700140319
Listing Title:
Newer Retail Strip Mall 100% Rented
Quick Link:
http://www.globalbx.com/listing.asp?bId=140319
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
Virginia
Area
City:
Culpeper
Asking Price Range:
$2.5M - $5.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
$211,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2003
Number of Employees:
1 - 3
Business Description:
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
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