2404 Wards Rd | Lynchburg, VA 24502
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- LoopNet Team
2404 Wards Rd
Lynchburg, VA 24502
National Tire & Battery · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-Year Absolute NNN Lease to Corporate Tenant
- 10% Rental Increases Every Five (5) Years, Providing a Hedge Against Inflation
- 97,976 Residents Live Within a Five-Mile Radius of the Property
- New Guaranteed Corporate Lease
- Excellent Visibility and Access from Wards Road (41,000 VPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,225 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.95 AC
Zoning
B-5 - Central Business District
Parking
20 Spaces (3.21 Spaces per 1,000 SF Leased)
Frontage
130’ on Wards Rd
AMENITIES
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 162-01-072 | Improvements Assessment | $1,144,600 |
| Land Assessment | $617,500 | Total Assessment | $1,762,100 |
PROPERTY TAXES
Parcel Number
162-01-072
Land Assessment
$617,500
Improvements Assessment
$1,144,600
Total Assessment
$1,762,100
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