216 Park Ave NE - Freestanding FOR SALE
Wise, VA 24293 |
$1,587,501 USD
214-692-2289
216 Park Ave NE
Wise, VA 24293
HIGHLIGHTS
- Corporately Guaranteed lease from Family Dollar who is an investment grade tenant (BBB)
- NN+ Lease Structure with minimal Landlord Responsibilities
- Six, 5-year options remaining with 10% rent increases in each option
- College Town to campus of UVA-Wise
- Receives Great Frontage to Park Ave NE, which sees average traffic counts of ±11,000 VPD
FOR SALE DETAILS
PRICE
$1,587,501 USD
PRICE/SF
$191 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FAMILY DOLLAR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
-
APN/PARCEL ID
R013307,R013308,R014137,R014138,R014139
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214-692-2289
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214-692-2289
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