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16426 Wise St 8,000 SF Retail Building Saint Paul, VA 24283 $499,950 ($62.49/SF) 8% Cap Rate



Executive Summary
***Dollar Tree NOW OPEN***
- $499,950 USD -8% CAP rate - tenant signed a 7 year term. Over 6 years remaining on lease with thee, five year Options with rent increases each option.
-Completely Updated Building inside, new parking lot, new HVAC System
Contact:
Brian Mitchell, H&R Retail, 202-531-1790 cell or 301-656-3030 office, bmitchellhr@gmail.com
- $499,950 USD -8% CAP rate - tenant signed a 7 year term. Over 6 years remaining on lease with thee, five year Options with rent increases each option.
-Completely Updated Building inside, new parking lot, new HVAC System
Contact:
Brian Mitchell, H&R Retail, 202-531-1790 cell or 301-656-3030 office, bmitchellhr@gmail.com
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,000 SF
Year Built
1988
Price
$499,950
Price Per SF
$62.49
Cap Rate
8%
NOI
$39,996
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.70 AC
Opportunity Zone
Yes
Nearby Major Retailers
Property Taxes
| Parcel Number | R034695 | Improvements Assessment | $318,000 |
| Land Assessment | $82,900 | Total Assessment | $400,900 |
Property Taxes
Parcel Number
R034695
Land Assessment
$82,900
Improvements Assessment
$318,000
Total Assessment
$400,900
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16426 Wise St
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