About 173 W Lee St
Net Leased Dollar General in Broadway. Leased through 4/2030, property is priced at 6.6% CAP rate. DG is a strong tenant that has been there since 2004, it has fundamentally low base rent therefore being a hard store to replace. Situated on Route 259, this property has over 12,000 cars past it everyday. Great opportunity for 1031 exchange buyer. This property has little maintenance liability for the owner, averaging less than $2,100/yr the last 3 years.
Features of 173 W Lee St
| MLS® # | 653672 |
|---|---|
| Price | $995,000.00 |
| Square Footage | 9,100.00 |
| Acres | 0.65 |
| Year Built | 2004 |
| Type | Commercial |
| Sub-Type | Building |
| Status | Active |
| Zoning | B-1 Business General |
Community Information
| Address | 173 W Lee St |
|---|---|
| Area | Rockingham |
| City | BROADWAY |
| State | Virginia |
| Zip Code | 22815 |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Cottonwood Commercial LLC |
|---|