3607 Williamson Rd NW
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3607 Williamson Rd NW
13,431 SF Retail Building Roanoke, VA 24012 $1,467,000 ($109/SF) 7.50% Cap Rate
Executive Summary
Strong NN Lease To Major Retailer, With New 5 year Lease in Place And Two 5 Year Renewal Options Remaining. Landlord Only Responsible For Roof & HVAC Over $2,500. The Tenant Reimburses For Taxes And Insurance. Great Location At The Corner Of Williamson Rd, & Oakland BLVD In Roanoke, VA. Currently Offered At A 7% CAP ON Net Income!!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,431 SF
Building Class
C
Year Built
1960
Price
$1,467,000
Price Per SF
$109
Cap Rate
7.50%
NOI
$110,025
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.64 AC
Zoning
CN
Parking
15 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
151 FT on Williamson Rd
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2090102 | Improvements Assessment | $491,800 |
Land Assessment | $214,200 | Total Assessment | $706,000 |
PROPERTY TAXES
Parcel Number
2090102
Land Assessment
$214,200
Improvements Assessment
$491,800
Total Assessment
$706,000
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3607 Williamson Rd NW
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