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202 Front St E 8,400 SF Retail Building Coeburn, VA 24230 $1,491,750 ($177.59/SF) 8% Cap Rate
EXECUTIVE SUMMARY
8% cap rate. Leased to Family Dollar with five 5 year terms beginning July 1st, 2024. 1st term rent is 9945.85/mo. Landlord maintains the exterior and structure components. 31 parking spaces.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,400 SF
Building Class
C
Year Built
2014
Price
$1,491,750
Price Per SF
$177.59
Cap Rate
8%
NOI
$119,340
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.74 AC
Zoning
Commercial
Parking
31 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
198’ on Front St E
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | R005272 | Improvements Assessment | $467,200 (2025) |
| Land Assessment | $96,000 (2025) | Total Assessment | $563,200 (2025) |
PROPERTY TAXES
Parcel Number
R005272
Land Assessment
$96,000 (2025)
Improvements Assessment
$467,200 (2025)
Total Assessment
$563,200 (2025)
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202 Front St E
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