102 Dominion Dr Emporia, VA 23847
High-Cap Rate Aaron's Furniture Store
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Fee-simple 10,228 SF Aaron's Furniture storefront in Emporia, VA.
- 1.83-acre lot with 50 parking spaces, co-located with Walmart.
- NN lease with corporate guarantee expiring 12/31/2025, with one renewal option to 1/31/2031.
- $1,399,000 asking price; $161/SF; 9.44% cap rate based on $132,000 NOI.
- Single-story building, AA4 zoning, HVAC replaced June 2023; Landlord responsible for roof, HVAC, and parking lot.
Property Details for 102 Dominion Dr
- Property type
- Retail properties, Retail space
- Square Feet
- 10,228 SF
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 79,715 SF
Location Insight
- City
- Emporia
- County
- Emporia City
- State
- Virginia
- Latitude
- 36.7042354
- Longitude
- -77.5470301
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Cap Rate Aaron's Furniture Store
- Where is the retail property located?
- The property is located at 102 Dominion Dr Emporia, VA.
- What is the asking price?
- The asking price for this property is $1,399,000.
- What are key features of this property?
- This property features: Fee-simple 10,228 SF Aaron's Furniture storefront in Emporia, VA.; 1.83-acre lot with 50 parking spaces, co-located with Walmart.; NN lease with corporate guarantee expiring 12/31/2025, with one renewal option to 1/31/2031.
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