1901 Bob White Blvd Pulaski, VA 24301-4233
This stabilized Class B office building, located at 1901 Bob White Blvd, Pulaski, VA 24301, presents a compelling investment opportunity. The property features 2,506 square feet situated on a 0.725-acre lot, with a permitted commercial zoning. Currently 100% occupied by a credit-rated tenant under a triple net (NNN) lease, this single-tenant property offers a long-term, secure investment. The lease commenced September 1, 2023, and has a remaining term of 3.8 years, with two five-year renewal options. The building, constructed in 1995 and renovated in 2023, boasts a 7.77% cap rate and a price per square foot of $126.90. The asking price is $318,000. This is a single-story building offering a stable, steady cash flow from a long-term tenant, the Commonwealth of Virginia, providing investment-grade security. The property's APN is 073-001-0000-0152. This is an exceptional opportunity for investors seeking a low-risk, high-yield investment with a strong tenant and significant remaining lease term.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PB1 · Pulaski, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.