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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

PROPERTY TAXES

Parcel Number
162-01-072
Land Assessment
$617,500
Improvements Assessment
$1,144,600
Total Assessment
$1,762,100
  • Listing ID: 23689446

  • Date on Market: 7/15/2021

  • Last Updated:

  • Address: 2404 Wards Rd, Lynchburg, VA 24502

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