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3607 Williamson Rd NW 13,431 SF Retail Building Roanoke, VA 24012 $1,375,000 ($102.38/SF) 8% Cap Rate
EXECUTIVE SUMMARY
Strong NN Lease To Major Retailer, With New 5 year Lease in Place And Two 5 Year Renewal Options Remaining. Landlord Only Responsible For Roof & HVAC Over $2,500. The Tenant Reimburses For Taxes And Insurance. Great Location At The Corner Of Williamson Rd, & Oakland BLVD In Roanoke, VA. Currently Offered At A 7% CAP ON Net Income!!!
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,431 SF
Building Class
C
Year Built
1960
Price
$1,375,000
Price Per SF
$102.38
Cap Rate
8%
NOI
$110,050
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.64 AC
Zoning
CN
Parking
15 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
151’ on Williamson Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2090102 | Improvements Assessment | $521,300 |
| Land Assessment | $235,600 | Total Assessment | $756,900 |
PROPERTY TAXES
Parcel Number
2090102
Land Assessment
$235,600
Improvements Assessment
$521,300
Total Assessment
$756,900
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3607 Williamson Rd NW
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