175 Market Ridge Ln - Freestanding FOR SALE


Daleville, VA 24083
$1,551,000 USD
949-903-8099
175 Market Ridge Ln, Daleville, VA for Sale
$1,551,000 USD
Freestanding - FOR SALE
1/9
null | 6.5% Cap Rate

175 Market Ridge Ln
Daleville, VA 24083


HIGHLIGHTS

  • 4+ Years Remaining | Scheduled Rental Increases | Options To Extend
  • NNN | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Near Valley View Mall | Primary Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased, Dental Care Alliance investment property located in Daleville, Virginia. The tenant, Dental Care Alliance, has over 4-years remaining on their lease with 1 (5-year) and 1 (3-year) option to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low management investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$1,551,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dental Care Alliance | NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

Commercial

APN/PARCEL ID

101(17)2

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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