Listed by Mountain To Lake Reality
$699,000
Pembroke Mini Storage
Details
Property Type Mixed Use, Retail
Sub Type QSR/Fast Food
Square Footage 9,000
Net Rentable (SqFt) 9,000
Cap Rate 8.58%
NOI $60,000
Occupancy 100%
Brand/Tenant Subway
Pro-Forma Cap Rate 11.60%
Broker Co-Op Yes
Class C
Year Built 1993
Buildings 3
Stories 2
Acreage 0.750
Zoning PB-1
Investment Type Stabilized
Ground Lease No
Sale Condition For sale by owner
Multi-Tenant and Multi-use Investment Property including Subway, Self-storage, Garage and Apartment
Marketing description
Mixed-Use Multi-Tenant Income Property with Substantial Cash Flow located on a .75 acre Corner Lot on US Rte 460 in Giles County with daily traffic count of 13,000+ vehicles/day. Uses include a Subway, 29 self storage units, a 2600 Sq Ft garage, a 2 Br/1Ba apartment, a small retail storefront, and a 1000 sq ft unfinished space suitable for another apartment. Property is currently fully occupied other than garage, which is currently being advertised for lease. Strong Rental History. Great investment.
Owners of selling entity are licensed real estate salespeople in the Commonwealth of Virginia.
Mountain to Lake Realty
195 S. Main Street
Rocky Mount, VA 24151
540-483-5566
Listing Contacts
Listed by Mountain To Lake Reality
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,000.00
$5,000.00/mo
Valuation Metrics
0
DSCR
8.58%
Cap Rate
8.58%
ROI
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