1860 Stoneridge Commerce Dr - Freestanding FOR SALE
Macon, VA 23139 |
1860 Stoneridge Commerce Dr
Macon, VA 23139
HIGHLIGHTS
- Corporately Guaranteed Strickland Brothers With 14+ Years Remaining in Primary Term
- Absolute NNN Lease With Zero Landlord Responsibilities
- 10% Rental Increase Every 5 Years Throughout Primary Term and Options
- Rapidly Growing Population Within 5-Mile Radius, Boasting 51.80% Growth Rate From 2010 to 2024 Having an Average Household Income of $174K+
- Excellent Visibility Along Anderson Hwy, With an Impressive 35,000 Vehicles Passing by the Property Daily
- May Qualify for 100% Bonus Depreciation - Ask Broker and Consult a CPA for Details.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Strickland Brothers
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Dealership, Auto Repair, Storefront
TOTAL BUILDING SIZE
1735
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
7
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
042-25B
