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763-791 Nalles Mill Rd
Culpeper, VA 22701
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- National credit tenant roster including Kohl's, Buffalo Wild Wing's, Jersey Mikes, Anytime Fitness.
- Highly visible in retail corridor.
- Adjacent to Walmart.
- Value add available through pad development.
EXECUTIVE SUMMARY
One Story Building with 9 units and 547 parking spaces. 100% Occupied.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
95,447 SF
Building Class
B
Year Built
2006
Price
$14,250,000
Price Per SF
$149.30
Cap Rate
6.90%
NOI
$982,678
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
20.46 AC
Zoning
M2 - Commercial
Parking
547 Spaces (5.73 Spaces per 1,000 SF Leased)
ABOUT 763-791 NALLES MILL RD , CULPEPER, VA 22701
Prime retail in Culpeper's premier retail district. Anchored by a popular Kohl's, leased until '27 with options to extend. Synergistic, internet-resistant roster. Well appointed and well-maintained.
PROPERTY TAXES
| Parcel Number | 41-78-B | Improvements Assessment | $7,048,800 |
| Land Assessment | $4,530,300 | Total Assessment | $11,579,100 |
PROPERTY TAXES
Parcel Number
41-78-B
Land Assessment
$4,530,300
Improvements Assessment
$7,048,800
Total Assessment
$11,579,100
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