1747 Park Ave SW - Freestanding FOR SALE


Norton, VA 24273
$774,000 USD
248-702-0288
1747 Park Ave SW, Norton, VA for Sale
$774,000 USD
Freestanding - FOR SALE
1/5
null | 8% Cap Rate

1747 Park Ave SW
Norton, VA 24273


HIGHLIGHTS

  • CAM Reimbursed at $.65/sf or actual cost, whichever is less
  • Tenant pays direct for insurance & reimburses for taxes
  • Lessee responsible to maintain HVAC maintenance contract
  • 4,300 Daily traffic counts along Park Avenue | 14,000 along US Hwy 58
  • Dollar General has extended the lease 3 times with increases
  • Pitched metal roof construction, asphalt parking lot

OVERVIEW

New HVAC unit in 2023, HVAC Compressor replacement 2021

FOR SALE DETAILS

PRICE

$774,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,791 SF

ZONING

B-1

APN/PARCEL ID

232N-3985

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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