290 Old Franklin Tpke - Drug Store FOR SALE
Rocky Mount, VA 24151 |
290 Old Franklin Tpke
Rocky Mount, VA 24151
HIGHLIGHTS
- The property benefits from a fully guaranteed lease with over 11 years remaining from an investment grade tenant with zero landlord responsibilities.
- Rocky Mount is strategically located along the US-220 corridor in Franklin County, which provides easy access to major markets like Roanoke
- Rocky Mount is surrounded by scenic landscapes, including Smith Mountain Lake and the Blue Ridge Mountains.
- While historically reliant on agriculture and manufacturing, the economy has diversified into sectors like healthcare, education,
- Ongoing and planned infrastructure projects, such as road improvements and broadband expansion, enhance connectivity and accessibility
- Nearby institutions like University of Virginia, Virginia Tech & Ferrum College contribute to a skilled workforce and potential collaborations for res
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
14550
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
43
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
2030007602
