116 Jessie DuPont Memorial Hwy - Freestanding FOR SALE


Burgess, VA 22432
$1,596,000 USD
202-286-1542
116 Jessie DuPont Memorial Hwy, Burgess, VA for Sale
$1,596,000 USD
Freestanding - FOR SALE
1/6
null | 7% Cap Rate

116 Jessie DuPont Memorial Hwy
Burgess, VA 22432


OVERVIEW

• 7 years remaining on a 10-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site • The lease is corporate signed by Family Dollar Stores of Virgina, Inc. • 5% increases at the beginning of the options • Low rent occupancy cost with rent of $10.60/SF

FOR SALE DETAILS

PRICE

$1,596,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - Burgess, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

B-1

APN/PARCEL ID

27-0-1-0-217-B

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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