1110 Campbell Ave, Lynchburg, VA
2,230 SF renovated retail/office space with drive-through for sale.
- Added:
- Nov 5, 2024
- Days on Market:
- 586
- Last Refresh:
- May 20 at 8:14 pm
Property Features for 1110 Campbell Ave
General Information
- Standard status
- Active
- Size
- 2,230 SF
- Lot size
- 0.50 Acres
- Property subtype
- RETAIL
Listing agent Norman Moon License #0225092206 (434) 851-4481
Listing office Cushman & Wakefield | Thalhimer - Lynchburg (434) 851-4481
Listing date Nov 5, 2024
Source Moodyscre
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 Cushman & Wakefield | Thalhimer - Lynchburg
HighLights
- Fully renovated in 2021
- Drive through
- 2,230 SF Retail/Office
- 0.50 acres
- Great for retail or office use
- Located in the Miller Park area of Lynchburg
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.8k | $21.00 |
| − Vacancy | −$1.9k | −$0.84 |
| EGI | $45.0k | $20.16 |
| − OpEx | −$11.2k | −$5.04 |
| NOI | $33.7k | $15.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg
- State
- Virginia
- Longitude
- -79.1579
- Latitude
- 37.4032
