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600 Augusta Ave
Grottoes, VA 24441
Family Dollar · Retail Property For Sale
PROPERTY FACTS
ABOUT 600 AUGUSTA AVE , GROTTOES, VA 24441
7,000 SF building includes separate buildable lot used for parking currently leased to Family Dollar. 8% CAP at list price! Family Dollar has (3) 5 year renewals with 10% rent increases. Gross rent: $25,850/year or $2154/monthly. Landlord responsible for: Roof, structure, major maintenance (any expense over $400), 4 roof top A/C units, mowing, lights, real estate taxes, insurance, parking lot. Tenant is responsible for: Inside minor maintenance, snow removal, and utilities. Landlord expenses average $4,410 per year.
PROPERTY TAXES
| Parcel Number | 160D4-13-L2 | Improvements Assessment | $199,500 |
| Land Assessment | $106,500 | Total Assessment | $306,000 |
PROPERTY TAXES
