Stabilized Aaron’s NN Investment – Lease Extended Through 2030!
102 Dominion Dr represents a turnkey, income-producing retail asset backed by a corporate guarantee from Aaron’s, LLC. The tenant recently executed a new five-year lease extension commencing January 1, 2026 and running through December 31, 2030, at an annual rent of $126,000 NN. Aaron’s retains one additional five-year renewal option (through 2035) at $138,600 annual rent, offering investors long-term income stability.
Situated on 1.83 acres with 166 feet of frontage on Dominion Drive, the 10,228 SF building benefits from ample parking (˜ 50 spaces), excellent visibility, and proximity to regional retail and interstate access. The property features a recently replaced HVAC system (2023) and a simple double-net structure that limits landlord responsibilities to roof, HVAC, and parking surface maintenance.
This Emporia location has performed consistently for the tenant and serves a broad trade area drawing from I-95 and US-58 corridors. With a proven operator, extended lease term, and 8+% cap rate, this offering delivers a rare blend of yield and security in a sub-$1.5M price range.