19026 Main St Buchanan, VA 24066
Sponsored
High-Yield Grocery Store in VA
Property size:
9,270 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 19026 Main St
General Information
- Property type
- Individual retail properties
- Square Feet
- 9,270 SF
Building Details
- Year Built/Renovated
- 2007/2022
- Stories
- 1
- Units
- 1
HighLights
- $730,000 asking price for a 9,270 square foot Family Dollar retail property in Buchanan, VA.
- Net lease with a corporate guaranteed tenant, offering an 8.15% cap rate and $59,500 NOI.
- The property features a recently remodeled store and a long‑term lease extending to December 31, 2027, with three 5‑year options remaining.
- High‑visibility location on Main Street with excellent access to I‑81.
- Landlord responsible for annual roof, structure, and parking lot maintenance (up to $1,000); tenant pays taxes and insurance, plus 3% of gross sales exceeding $1,983,333 annually.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Buchanan
- County
- Botetourt
- State
- Virginia
- Longitude
- -79.6889291
- Latitude
- 37.5204132
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - High-Yield Grocery Store in VA
Where is this individual retail property located?
The property is located at 19026 Main St Buchanan, VA.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: $730,000 asking price for a 9,270 square foot Family Dollar retail property in Buchanan, VA.; Net lease with a corporate guaranteed tenant, offering an 8.15% cap rate and $59,500 NOI.; The property features a recently remodeled store and a long-term lease extending to December 31, 2027, with three 5-year options remaining.
