Retail Asset with Corporate
102 Dominion Dr Emporia, VA 23847
102 Dominion Dr, Emporia, VA, 23847
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For Sale
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Turnkey retail asset with long-term lease and income stability.
Property Size10,228 SF
Lot Size1.83 Acres
Price / SF$135.90
Days on Market1249
Property Features for 102 Dominion Dr
General Information
- Standard status
- Active
- Size
- 10,228 SF
- Lot size
- 1.83 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing Agency
Anthony Hopkins
Listed by
Sean Hopkins · License #VA 0225232060
Source
Crexi
Added: Feb 16, 2023 Checked: Jul 17 at 7:56 am
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 Anthony Hopkins
Investment Insights
Based on property information with market context.
The property at 102 Dominion Dr is a retail asset with a corporate guarantee. The tenant, Aaron’s, LLC, recently executed a new five-year lease extension commencing January 1, 2026, and running through December 31, 2030, at an annual rent of $126,000. Aaron’s retains one additional five-year renewal option through 2035 at $138,600 annual rent. Situated on 1.83 acres with 166 feet of frontage on Dominion Drive, the 10,228 square foot building benefits from ample parking, approximately 50 spaces, and visibility, as well as proximity to regional retail and interstate access. The property features a recently replaced HVAC system from 2023. The lease structure limits landlord responsibilities to roof, HVAC, and parking surface maintenance. This Emporia location has performed consistently for the tenant and serves a broad trade area drawing from I-95 and US-58 corridors.
Key Highlights
- Turnkey, income‑producing retail asset with corporate guarantee from Aaron's, LLC.
- New five‑year lease extension commencing January 1, 2026, through December 31, 2030, at $126,000 annual rent (NN).
- Excellent 8.4% cap rate in a sub-$1.5M price range.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aaron's Rent To Own
Electronics & Wireless Store
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FAQs
What type of property is this?
Retail space - Turnkey retail asset with long-term lease and income stability.
Where is this retail space located?
The property is located at 102 Dominion Dr Emporia, VA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Turnkey, income‑producing retail asset with corporate guarantee from Aaron's, LLC.; New five‑year lease extension commencing January 1, 2026, through December 31, 2030, at $126,000 annual rent (NN).; Excellent 8.4% cap rate in a sub-$1.5M price range.
