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109 Seminole Plz
Madison Heights, VA 24572
Central Virginia Federal Credit Union · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
3,045 SF
Building Class
B
Year Built/Renovated
1974/2019
Tenancy
Single
Building Height
1 Story
Lot Size
16.33 AC
Zoning
B2
Frontage
151’ on S Amherst Hwy

ABOUT 109 SEMINOLE PLZ , MADISON HEIGHTS, VA 24572

The subject property is a single tenant Central Virginia Federal Credit Union financial institution located in the Lynchburg suburb of Madison Heights, Virginia. The Property consists of a ± 3,045 sf building with 3 drive through lanes on ± 13,000 sf of land at 109 Seminole Plaza. Additional customer parking is provided by the adjacent retail center with a perpetual easement. The Property operates under a NN lease with landlord responsible for maintenance and repairs to the roof and structure. The current lease term expires in 6 1/2 years. Current Ownership is in the process of installing a new roof, re-sealing the parking areas and cosmetic repairs to the building exterior which will benefit a new landlord. Co-anchors in this shopping center include Big Lots, Arby’s, KFC, Papa Johns Pizza, La Carreta restaurant and several neighborhood serving retailers. This Property is one of only four physical retail branches. CVFCU has occupied this space for 19 years

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
156-A-6
Land Assessment
$1,706,900
Improvements Assessment
$1,541,100
Total Assessment
$3,248,000
  • Listing ID: 15610478

  • Date on Market: 4/2/2019

  • Last Updated:

  • Address: 109 Seminole Plz, Madison Heights, VA 24572

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