265 Princeton Rd | Danville, VA 24541
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- LoopNet Team
265 Princeton Rd
Danville, VA 24541
J. Rayl Truck Terminal Sale-Leaseback · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- J. Rayl Transport 20-Year Absolute NNN Truck Terminal Sale-Leaseback in Danville, Virginia
- 10% Rent Increases Every 5 Years Provides NOI Growth Over Term & Inflation Hedge
- Corporate Guaranty Backed by Company with 34-Year Operating History, Substantial Assets, and Sizeable Annual Revenue
- Offering Includes 9.3-Acre Site with 4,480 SF Building
- Low Rent Factor – Approx. $22,500/Acre Annual Rent
- Long-Term 20-Year Initial Lease Term & Six, Five-Year Options Thereafter with Continued Rent Increases
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 1395-69-6234 | Improvements Assessment | $168,800 |
| Land Assessment | $50,400 | Total Assessment | $219,200 |
PROPERTY TAXES
Parcel Number
1395-69-6234
Land Assessment
$50,400
Improvements Assessment
$168,800
Total Assessment
$219,200
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