1001 E Church Street, Martinsville, VA 24112
sale
$799,000
|
Other
Courtesy Of Piedmont Realty
Under long term lease to national auto parts retailer. Current appraisal. Triple net lease. Current lease to January 1, 2034, with two extensions of five years each, with rent increases. Signalized intersection. 35+ parking spaces. From 7.51% to 9.50% gross yield over time. 6.64% cap rate and 9.62% discount rate.
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Property Features
- Age: 21-30 Years Old
- Floors: 1
- MLSID: 150696
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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