Listed by Dash Commercial Real Estate Advisors
$800,000
Advance Auto Parts | Franklin, VA
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 6,080
Cap Rate 6.9%
NOI $55,200
Occupancy 100%
Tenancy Single
Brand/Tenant Advance Auto Parts
Lease Type NN
Remaining Term 6
Price per SqFt $132
Year Built 1997
Acreage 0.640
Advance Auto Parts with Below Market Rent, Below Replacement Cost, Recent Extension
Marketing description
Dash CREA is pleased to offer 1280 Armory Drive in Franklin, VA — a single-tenant retail asset positioned as a Lowe’s outparcel along the market’s dominant retail corridor.
The property features a recent lease extension, confirming the tenant’s long-term commitment and providing secure cash flow. With rents well below market, the asset offers investors immediate upside potential in both income and value while benefiting from strong traffic and synergy with national retailers including Lowe’s, Walmart, and Tractor Supply.
Investment highlights
Recent Lease Extension
Strategic Location: Lowe’s Outparcel
Below-Market Rent
High-Traffic Corridor
Stable Income Stream
Attractive Southeast Market
Listing Contacts
Listed by Dash Commercial Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,200.00
$4,600.00/mo
Valuation Metrics
0
DSCR
6.9%
Cap Rate
6.9%
ROI
Map
Zoning
B-3 CommercialGeneral CommercialGeneral Business
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View all 65 uses
View all 65 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
Tax History
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