1005 S Craig Ave - Warehouse FOR SALE
Covington, VA 24426 |
$7,200,000 USD
1005 S Craig Ave
Covington, VA 24426
HIGHLIGHTS
- Anchored by an established Food Lion- In Virginia, Food Lion holds a significant market share, with a 27.7% statewide visit share.
- With roughly 3 years remaining on the lease, Food Lion reports sales in excess of $20M, posting a very attractive 1.4% rent to sales ratio.
- Well-situated in the epicenter of retail in Covington on South Craig Blvd, with superb visibility.
FOR SALE DETAILS
PRICE
$7,200,000 USD
PRICE/SF
$277 USD /SF
CAP RATE
7.3%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
UTILITIES
-
CLEAR CEILING HT
16 Ft
DOCKS
2
DRIVE INS
1
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1
LAND SF
43,560
ZONING
Enterprise
APN/PARCEL ID
018-0A-0000-00013
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