48 Animal Clinic RdStuart, VA 24171
- Other commercial real estate
- 0.84 AC
Property Details for 48 Animal Clinic Rd
- Lot size
- 0.84 AC
- Property type
- Other commercial real estate
- APN
- 4911.09.4A
- APU
- 4911094A
Description
This Class A, 1,596 sq ft bank branch in Stuart, VA, offers a compelling investment opportunity. Located at 48 Animal Clinic Rd, this single-tenant property boasts a 14.10% cap rate and a strong Net Operating Income (NOI) of $49,196. The property features a 15-year NNN lease with Blue Ridge Bank, expiring August 30, 2025, with approximately 0.8 years remaining. The lease includes a 10% rent increase every three years. Situated on a 0.839-acre lot with 11 parking spaces, the building enjoys excellent visibility just off US-58 West (Jeb Stuart Highway), a high-traffic area with 8,600 average daily traffic. Nearby businesses include Walmart, Tractor Supply, Advance Auto Parts, and Wendy's. The property's strong financials, coupled with its prime location and credit-rated tenant, make it an attractive investment for passive investors or owner-users seeking a strategic location. Built in 2010, this one-story building offers 100% occupancy. The asking price is $349,000, translating to a price per square foot of $218.67. The property's parcel number is 19939001.
Location Insight
- City
- Stuart
- County
- Patrick
- State
- Virginia
- Latitude
- 36.6418
- Longitude
- -80.2345
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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