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Grottoes, VA NNN Properties for Sale

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Mt Crawford, VA Weyers Cave, VA Mount Crawford, VA Mount Sidney, VA Elkton, VA Verona, VA Harrisonburg, VA Mcgaheysville, VA
Single-Tenant NNN Bank Property
Updated: Aug 5
Single-Tenant NNN Bank Property

106 SIXTH ST, Grottoes, VA 24441

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2,768 sqft
2,768‑square‑foot bank building constructed in 1968
Atlantic Union Bank lease runs through September 2040
NNN structure with zero landlord responsibilities
1.50% annual increases; two 5‑year options include 2.00% annual increases
Corporate guarantee from Atlantic Union Bankshares Corporation; KBRA A- rating
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1 active listing matches your search: NNN for sale in Grottoes, VA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Absolute NNN Retail Property
Absolute NNN Retail Property

1700 Seminole Trl, Charlottesville, VA 22901

$5,913,043
11,945 sqft 1.54 AC lot

Freestanding retail investment with a CVS-backed lease and no landlord operating responsibilities.

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Childcare Center with Fenced Outdoor Area
Childcare Center with Fenced Outdoor Area

15 SOUTHGATE CT, Harrisonburg, VA 22801

$649,000
2,477 sqft 0.34 AC lot

A current childcare tenancy is supported by an existing lease and a flexible interior layout.

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Leased Commercial Condo
Leased Commercial Condo

3211 Peoples Drive, Harrisonburg, VA 22801

$186,300
937 sqft

A tenant-occupied commercial suite carries a triple-net lease through 2031, with scheduled annual rent increases.

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Vacant Office Condo
Vacant Office Condo

944 Glenwood Station Ln, Charlottesville, VA 22901

Contact for pricing
1,836 sqft

Vacant office condo offered for sale or lease on an NNN basis.

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Grottoes, VA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Grottoes, VA on our real estate platform. These investment opportunities span a total of 2,768 square feet of properties for sale.

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Demographics Overview

Population 6,376
Population Growth (5Y) +2.4%
Median Household Income $80,288
College Educated 20.6%

Taxes & Financing

Tax Rate (average for all types) 0.60%
Property Tax per SF $16.33 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rockingham County

New Delisted

Total CRE Inventory on Market (SF)

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