Listed by Cushman & Wakefield Thalhimer - Roanoke, Virginia
$615,000
6926 Peters Creek - for Sale - Verizon Single Net
Details
Property Type Retail
Sub Type Cell phone
Square Footage 2,420
Cap Rate 6.97%
Tenancy Single
Brand/Tenant Verizon Wireless
Lease Expiration 06/30/2030
Year Renovated 2017
Acreage 0.830
Zoning C-2
Parking Spaces 24 spaces
Parking Per SqFt 9.92
Investment Type Net Lease
Ground Lease No
Retail | 6.97% CAP | 2,420 SqFt
Marketing description
6926 Peters Creek Road, Roanoke, VA 24019, is a single tenant retail property that is leased to Cellular Sales of Virginia, LLC, a Verizon Authorized Retailer.
Property Status: Proven commercial retail space along well-trafficked Peters Creek Rd. The property has been leased to Verizon since 2017 and the Tenant exercised its first option period of five years, with current term carrying through June 30, 2023.
Location: Easy access to Interstate-81 and Interstate-581; large employment base in Roanoke County; retailers expanding in the area.
Investment highlights
- 6926 Peters Creek Road, Roanoke, VA 24019, is a single tenant retail property that is leased to Cellular Sales of Virginia, LLC, a Verizon Authorized Retailer.
- Property Status: Proven commercial retail space along well-trafficked Peters Creek Rd. The property has been leased to Verizon since 2017 and the Tenant exercised its first option period of five years, with current term carrying through June 30, 2023.
- Location: Easy access to Interstate-81 and Interstate-581; large employment base in Roanoke County; retailers expanding in the area.
- Sales Price: $615,000 - 6.97% cap rate
- Portfolio Availability: subject property is available along with neighboring properties, 7000 Peters Creek and 7214 Williamson Rd
Listing Contacts
Listed by Cushman & Wakefield Thalhimer - Roanoke, Virginia
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Zoning
C2 CommercialGeneral CommercialHigh Intensity Commercial District
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