Listed by Weber Rector Commercial Real Estate Services, Inc.
$1,240,000
5459 Old Alexandria Tpk
Details
APN 7906-00-6859-000
Property Type Retail
Sub Type Auto Shop
Square Footage 1,900
Cap Rate 6.17%
NOI $76,512
Tenancy Single
Lease Type NNN
Lease Expiration 06/30/2030
Remaining Term 6
Price per SqFt $653
Broker Co-Op Yes
Acreage 0.690
Zoning C-1
Investment Type Net Lease
NNN Leased Investment | 6.17% CAP | 1,900 SF
Marketing description
Rare find! Auto sales lot with freestanding 1,900 SF building & approximately 30 parking spaces. Zoned C-1 with approved auto sales use! Currently leased through July 2030. Monthly rent effective 7/1/25 is $6,376.01 NNN with 3% annual escalations each year.
Extremely well located property with excellent visibility on Rt. 29/Lee Hwy. 48,000 VPD! Approximately 5 miles outside of Gainesville & Warrenton.
Listing Contacts
Listed by Weber Rector Commercial Real Estate Services, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,512.00
$6,376.00/mo
Valuation Metrics
0
DSCR
6.17%
Cap Rate
6.17%
ROI
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