202 Front St E

8,400 SF Retail Building Coeburn, VA 24230 $1,578,000 ($188/SF) 7.50% Cap Rate

EXECUTIVE SUMMARY

7.5 cap rate. Leased to Family Dollar with 6 5 year terms beginning July 1st, 2024. 1st term rent is 9945.85/mo. Landlord maintains the exterior and structure components. 31 parking spaces.

ATTACHMENTS

Report

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,400 SF
Year Built
2014
Price
$1,578,000
Price Per SF
$188
Cap Rate
7.50%
NOI
$118,350
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.74 AC
Zoning
Commercial
Parking
31 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
198 FT on Front St E

AMENITIES

  • Pylon Sign

PROPERTY TAXES

  • Listing ID: 31640351

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 202 Front St E, Coeburn, VA 24230