Listed by Marcus & Millichap - Richmond
$1,630,856
Verizon + VA ABC | Walmart Shadow
Details
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 4,000
Units 2
Occupancy 100%
Tenancy Multi
Brand/Tenant Verizon Wireless, VA ABC
Lease Type NNN
Price per SqFt $408
Year Built 2017
Buildings 1
Stories 1
Acreage 1.000
Parking Spaces 27 spaces
Parking Per SqFt 6.75
Multi-Tenant Retail | Walmart Shadow | 4,000 SqFt | Verizon + VA ABC | 100% Occupied
Investment highlights
- Multi-Tenant Walmart Shadow | 4,000 SF Outparcel | 2017 Construction
- Two (2) Tenants | 100% Occupied | Virginia ABC Store | Verizon
- NNN Leases | TICAM Reimbursements | Minimal Landlord Obligations
- Passive Investment | WALT: 6.26 Years | Annual Rent Increases | Both Tenants
- Nearby New Developments: Walmart Fuel Station & Roxbury Subdivision (84-Units)
- Verizon Recently Exercised 10 Years
- Shenandoah Valley | 381,700+ Population | Tourism: 1.7 Million Visitors Annually
- Harrisonburg, VA MSA | Rockingham County, VA | #1 Agricultural County in State
Listing Contacts
Listed by Marcus & Millichap - Richmond
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