For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

48 Animal Clinic Rd Stuart, VA 24171

For Sale
$349,000

High-yield NNN lease, strong tenant.

Property size:
1,596 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
This Class A, 1,596 sq ft bank branch in Stuart, VA, offers a compelling investment opportunity. Located at 48 Animal Clinic Rd, this single-tenant property boasts a 14.10% cap rate and a strong Net Operating Income (NOI) of $49,196. The property features a 15-year NNN lease with Blue Ridge Bank, expiring August 30, 2025, with approximately 0.8 years remaining. The lease includes a 10% rent increase every three years. Situated on a 0.839-acre lot with 11 parking spaces, the building enjoys excellent visibility just off US-58 West (Jeb Stuart Highway), a high-traffic area with 8,600 average daily traffic. Nearby businesses include Walmart, Tractor Supply, Advance Auto Parts, and Wendy's. The property's strong financials, coupled with its prime location and credit-rated tenant, make it an attractive investment for passive investors or owner-users seeking a strategic location. Built in 2010, this one-story building offers 100% occupancy. The asking price is $349,000, translating to a price per square foot of $218.67. The property's parcel number is 19939001.

Property Features for 48 Animal Clinic Rd

General Information

Property type
Individual retail properties
Square Feet
1,596 SF
Class
A
Lot Size
36,547 SF

Building Details

Year Built
2010
Buildings
1
Stories
1
Units
1

HighLights

  • 14.1% CAP Rate.
  • 10 Months Remaining on Lease.
  • High Visibility, US‑58 West (Jeb Stuart Highway) proximity.
  • 8,600 Average Daily Traffic Count.
Property Profile Location Intelligence

Current Use by Public Records

Blue Ridge Bank, ... Bank

Suggested Use

Restaurant Wholesale Shop Auto Repair Shop Auto Parts Store Pharmacy Department Store Food Market Furniture Store Garden Center Electronics Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Stuart
County
Patrick
State
Virginia
Longitude
-80.23488817
Latitude
36.64147021

FAQs

What type of property is this?
Individual retail property - High-yield NNN lease, strong tenant.
Where is this individual retail property located?
The property is located at 48 Animal Clinic Rd Stuart, VA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 14.1% CAP Rate.; 10 Months Remaining on Lease.; High Visibility, US-58 West (Jeb Stuart Highway) proximity.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message