2801 Greensboro Rd Martinsville, VA 24112
Fully leased, 4-tenant retail center.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $1,699,000 asking price, offering a 7.81% capitalization rate based on a $132,740 2023 Net Operating Income (NOI).
- Four tenants: Aaron's, Virginia ABC, Blue Ridge Tobacco, and Mega Force Staffing.
- Lease expirations: 1/31/25, 12/31/25, 3/31/27, and 8/31/29.
- NNN leases; tenants pay their pro-rata share of real estate taxes, insurance, and common area maintenance (CAM).
- Professionally managed by a local property management company.
Property Details for 2801 Greensboro Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 11,475 SF
- Class
- A
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 89,734 SF
- Units
- 4
Location Insight
- City
- Martinsville
- County
- Henry
- State
- Virginia
- Latitude
- 36.652641140487
- Longitude
- -79.872463456207
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Fully leased, 4-tenant retail center.
- Where is the lifestyle center located?
- The property is located at 2801 Greensboro Rd Martinsville, VA.
- What is the asking price?
- The asking price for this property is $1,699,000.
- What are key features of this property?
- This property features: $1,699,000 asking price, offering a 7.81% capitalization rate based on a $132,740 2023 Net Operating Income (NOI).; Four tenants: Aaron's, Virginia ABC, Blue Ridge Tobacco, and Mega Force Staffing.; Lease expirations: 1/31/25, 12/31/25, 3/31/27, and 8/31/29.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].