102 Dominion Dr Emporia, VA 23847
Turnkey retail asset with long-term lease and income stability.
Type:Retail
Property size:
10,228 SFLot size:
1.83 Acres- Added:
- Feb 16, 2023
- Days on Market:
- 1157
- Last Refresh:
- Mar 17 at 1:15 pm
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 agent Sean Hopkins License #VA 0225232060
Listing office Anthony Hopkins
Listing date Feb 16, 2023
Source Crexi
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
Overview
Retail Asset with Corporate Guarantee
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Aaron's Rent To Own
Electronics & Wireless Store
Location Insight
- Map
- Local Demand
- City
- Emporia
- County
- Greensville
- State
- Virginia
- Longitude
- -77.5472914
- Latitude
- 36.7045582
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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 $1,499,000.
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.
