3560 Foster Falls Rd - Retail FOR SALE


Barren Springs, VA 24313
$954,285 USD
916-842-7549
3560 Foster Falls Rd, Barren Springs, VA for Sale
$954,285 USD
Retail - FOR SALE
1/1
null | 8.75% Cap Rate

3560 Foster Falls Rd
Barren Springs, VA 24313


HIGHLIGHTS

  • Corporate Guarantee
  • Leased Investment with minimal landlord responsibility
  • Strategically placed on Virginia State Route 100

OVERVIEW

Marcus and Millichap is please to present this Family Dollar Single Tenant NNN Leased Investment with minimal landlord responsibility located in Barren Springs, VA. Strategically placed on Virginia State Route 100 the subject property has outstanding visibility and exposure to over ±3,400 cars per day with a population density of ±20,000 residents within a 10-mile radius. The ±8,320 square-foot building sits on 1.6 acres lot fronting Foster Falls Rd centrally located within the unincorporated community of Barron Falls just over 11 miles south of Pulaski (population 9,000) and about 60 miles south of The Roanoke MSA (population 315,000+), the most populous area in Virginia west of the state capital Richmond. The property has minimal local competition with only one other national brand nearby. The subject property is backed by a corporate guarantee and 7 years of operating history at the location.

FOR SALE DETAILS

PRICE

$954,285 USD

PRICE/SF

$115 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

062-000-0000-0026A

ASK ABOUT THIS PROPERTY

Christopher HurdMarcus & MillichapMore Info
916-842-7549

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Christopher HurdMarcus & MillichapMore Info
916-842-7549

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