3607 Old Halifax Rd | South Boston, VA 24592
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3607 Old Halifax Rd
South Boston, VA 24592
Applebee's · Retail Property For Sale
Investment Highlights
- Long-term Security – ±17-Years remaining on primary lease term
- Strong performing store with healthy rent-to-sales ratio, see broker for details
- Absolute NNN Lease – ZERO Landlord Responsibilities – Ideal for out of state investor
- Rare rent increase structure with an increase of 13.41% in 2022, 5.92% in 2027, and 5.58% in 2032. See annualized operating data for further details.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,127 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.31 AC
Zoning
unzoned
Parking
100 Spaces
PROPERTY TAXES
| Parcel Number | 32087 | Improvements Assessment | $522,444 |
| Land Assessment | $615,700 | Total Assessment | $1,138,144 |
PROPERTY TAXES
Parcel Number
32087
Land Assessment
$615,700
Improvements Assessment
$522,444
Total Assessment
$1,138,144
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