15 Spradlin Farm Dr - Bank FOR SALE
Christiansburg, VA 24073 |
$2,611,000 USD
704-379-1985
15 Spradlin Farm Dr
Christiansburg, VA 24073
HIGHLIGHTS
- Signalized corner intersection | Spradlin Farm Dr & N Franklin St | 22,000 VPD
- Absolute net ground lease | Zero landlord responsibilities
- Corporate lease | Truist Financial Corp | 1,928 locations across 15 states | Investment grade credit | Baa1/A-
- High-volume branch | $142M+ reported deposits at this location ending June 30, 2024
- Close proximity to Clifton Town Center | 37 AC mixed-use development under construction
- Outparcel to Spradlin Farms Shopping Center | 181,055 K SF of prime retail space
FOR SALE DETAILS
PRICE
$2,611,000 USD
PRICE/SF
$655 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Truist Bank Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,007 SF
ZONING
-
APN/PARCEL ID
035293
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704-379-1985
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704-379-1985
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