Listed by Green Commercial Realty Inc
$350,000
Big Stone Gap Auto and Truck Repair
Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 9,400
Net Rentable (SqFt) 9,400
Cap Rate 6.94%
NOI $24,300
Occupancy 100%
Tenancy Single
Lease Type Modified
Pro-Forma Cap Rate 9.43%
Pro-Forma NOI $33,000
Broker Co-Op Yes
Buildings 2
Stories 1
Acreage 0.815
Investment Type Value Add
Tenant Credit No Credit Rating
Ceiling Height 12-14
Check out this shop for your business!
Marketing description
BIG PRICE REDUCTION!! There is a long term tenant in place here that pays submarket rent.
Need a shop in Big Stone Gap? This prominent corner is visible to all the traffic entering town from the Eastern exit off US 19. With nearly an acre under fence, this lot has excellent appeal for re-use for convenience retail, or continued light industrial.
The buildings on the property have good utility for any service and repair use and the office building is mostly used for storage now but could be renovated for retail display quite easily.
Great location and space for sales, service and repair.
This prominent corner location is comprised of 2 lots which total nearly an acre!
Listing Contacts
Listed by Green Commercial Realty Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,300.00
$2,025.00/mo
Valuation Metrics
0
DSCR
6.94%
Cap Rate
6.94%
ROI
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Property History
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