202 W Grayson St | Galax, VA 24333
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202 W Grayson St
Galax, VA 24333
Family Dollar -35 Yr. Occupancy, Zero Options · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 4.25 Years Remaining in the Lease Term (Lease Exp: 1/30/2025)
- Zero Options Remaining | Excellent Opportunity for an Investor to Renegotiate a New Lease
- Tenant Recently Completed the H2 Remodel to the Store
- Family Dollar Has Operated in this Location Since 1983
- 4-Sided All Brick Building
- Tenant Reports Store Sales (Rent to Sales Ratio of Approximately 2.87% in 2019)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,075 SF
Building Class
C
Year Built
1949
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.37 AC
Zoning
B2
Parking
18 Spaces (1.98 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 55- 41-45 | Improvements Assessment | $287,200 |
| Land Assessment | $52,800 | Total Assessment | $340,000 |
PROPERTY TAXES
Parcel Number
55- 41-45
Land Assessment
$52,800
Improvements Assessment
$287,200
Total Assessment
$340,000
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