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555 Fort Chiswell Rd 8,455 SF Retail Building Fort Chiswell, VA 24360 $1,200,000 ($141.93/SF) 7.59% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rent $11.38 PSF
  • Strong Local Demographics & Income Profile
  • 3 Extensions Every 5 Years With 3% Rent Increases
  • 5% Rent to Sales Ratio
  • Limited Discount Retail Competition Nearby
  • Percentage Rent Equal to 3% of Gross Sales in Excess of $3,035,166

EXECUTIVE SUMMARY

Double NN
Rent $11.38 PSF
5% Rent to Sales Ratio
Strong Local Demographics & Income Profile
Limited Discount Retail Competition Nearby
3 Extensions Every 5 Years With 3% Rent Increases
Percentage Rent Equal to 3% of Gross Sales in Excess of $3,035,166

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,455 SF
Building Class
C
Year Built
2013
Price
$1,200,000
Price Per SF
$141.93
Cap Rate
7.59%
NOI
$91,055
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.49 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
044-005-0000-0002
Land Assessment
$162,300
Improvements Assessment
$741,900
Total Assessment
$904,200
  • Listing ID: 35744967

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: 555 Fort Chiswell Rd, Fort Chiswell, VA 24360

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