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- LoopNet Team
3460 Virginia Ave
Collinsville, VA 24078
Little Caesars: 10 Year Absolute NNN Lease · Retail Property For Sale
PROPERTY FACTS
- Fast Food
- General Retail Bank
- General Retail Freestanding
- General Retail Restaurant
About 3460 Virginia Ave , Collinsville, VA 24078
Little Caesars has a 10 year Absolute NNN least with attractive 10% rental escalations every 5 years and three 5-year renewal options. The tenant, Aces, LLC is one of the Largest Little Caesars Pizza franchises in the country, owning and operating 18 locations throughout southwest Virginia. The subject location has been renovated this year (est. cost of +$30,000) with new LED signage, façade, paint – full interior remodeled in 2018. Little Caesars has been successfully open and operating for over 10 years with an attractive rent to sales ratio! Little Caesars is located in Collinsville, Virginia on the main north/south thoroughfare with excellent driveby visibility. Nearby retailers include: Save-A-Lot, Family Dollar, Dollar General Market, Walgreens, CVS Pharmacy, Aaron’s, O’Reilly Auto Parts, Advance Auto Parts, AutoZone, Salvation Army Thrift Store, Walmart Supercenter & Lowe’s Home Improvement. This asset is 4.5 miles from Patrick Henry Community College (PHCC) Martinsville (enrollment of 2,900). In Association with Virginia Local Broker: Gillian Greenfield, Greenfield & Craun Commercial #225064152
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PROPERTY TAXES
Parcel Number | 146200005 | Improvements Assessment | $238,500 |
Land Assessment | $112,200 | Total Assessment | $350,700 |
PROPERTY TAXES
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Listing ID: 15074097
Date on Market: 2/4/2019
Last Updated:
Address: 3460 Virginia Ave, Collinsville, VA 24078
The Retail Property at 3460 Virginia Ave, Collinsville, VA 24078 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.