Listed by Cottonwood Commercial
$595,000
8.6% CAP INVESTMENT OPPPORTUNITY
Details
Property Type Industrial, Office
Sub Type Flex, Storefront
Square Footage 3,425
Cap Rate 8.60%
Tenancy Single
Lease Type Net
Price per SqFt $174
Buildings 1
Stories 2
Acreage 0.130
Zoning I-1
FOR SALE OR LEASE | NICE BUILDING IN HIGH TRAFFIC AREA
Marketing description
8.6% CAP Investment Opportunity with a NEW 3-year NNN lease in place. Well-maintained building on a high-traffic stoplight corner of Rt. 250 by Walmart, Lowes, and other major retailers, only 1 mile from I-81 exit 222, 21,000 VPD. 1745 SF first floor storefront plus 1680 SF second floor with a dedicated bay door and entrance. Off-street parking lot with side street overflow. New roof 2023, HVAC (1st floor) 2020. I1 Zoning (Light Industrial) allows for a variety of future uses. Close proximity to Harrisonburg, Charlottesville, Roanoke. Note that Benjamin Moore was the former tenant who has moved out – the new tenant is a tobacco and convenience store with a lease beginning 10/1/25.
Listing Contacts
Listed by Cottonwood Commercial
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