T-Mobile Absolute NNN
For Sale
Contact for pricing
1011 E Stuart Dr, Galax, VA 24333
Corporate lease structure provides income through December 2028, with multiple renewal options.
Property Size3,000 SF
Lot Size2.06 Acres
Price / SF$440.27
Days on Market154
Property Features for 1011 E Stuart Dr
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
32
Lot size
2.06 Acres
Property subtype
Retail
Zoning
B2
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$99,060
Additional Details
Anchor Co-Tenants
Hobby Lobby, Walmart Supercenter, Lowe’s, Harbor Freight, Food City
Building Details
Year Built
2016
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Pegasus Investments
(310) 969-1135
Listed By:
Daylin Ackerman · License #CA 02011508
Source:
Crexi
Added: Mar 30
Changed: Aug 30
Last Checked: Aug 30 at 11:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pegasus Investments
Investment Insights
Based on property information with market context.
This 3,000-square-foot retail structure was built in 2016 and occupies a 2.06-acre parcel zoned B2. The property is leased to T-Mobile US, Inc. under a corporate 100% absolute NNN lease, with the current term extending through December 2028 and multiple renewal options. A rebranding to T-Mobile is anticipated for completion in 2026.
The site is adjacent to the Hobby Lobby-anchored Twin County Plaza and within a quarter-mile of Walmart Supercenter, Lowe’s, Harbor Freight, and Food City. It is positioned at the intersection of U.S. Route 58 and Interstate 77, providing regional access to Roanoke, the New River Valley, and Greensboro, NC. The property is located at 1011 E Stuart Dr in Galax, Virginia.
The site is adjacent to the Hobby Lobby-anchored Twin County Plaza and within a quarter-mile of Walmart Supercenter, Lowe’s, Harbor Freight, and Food City. It is positioned at the intersection of U.S. Route 58 and Interstate 77, providing regional access to Roanoke, the New River Valley, and Greensboro, NC. The property is located at 1011 E Stuart Dr in Galax, Virginia.
Key Highlights
- Corporate 100% absolute NNN lease with T‑Mobile US, Inc.
- 3,000 square foot structure on a 2.06‑acre parcel
- Lease term extends through December 2028 with multiple renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 24333, VA
17,309
Population
9,029
Households
1.9
Avg Household Size
46
Median Age
16%
College-Educated
83%
High-School Grad
144.9 sq mi
ZIP Area
119
Density / Sq Mi
$47,539
Median Household Income
$34,297
Median Earnings
$713
Median Rent
$135,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate lease structure provides income through December 2028, with multiple renewal options.
Where is this nnn property located?
The property is located at 1011 E Stuart Dr Galax, VA.
What is the asking price?
The asking price for this property is $1,320,800.
What are key features of this property?
This property features: Corporate 100% absolute NNN lease with T‑Mobile US, Inc.; 3,000 square foot structure on a 2.06‑acre parcel; Lease term extends through December 2028 with multiple renewal options
