48 Animal Clinic RdStuart, VA 24171

  • Other commercial real estate
  • 0.84 AC
For Sale
$349,000 View listing

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.

48 Animal Clinic Rd, Stuart, Virginia

Location Insight

City
Stuart
County
Patrick
State
Virginia
Latitude
36.6418
Longitude
-80.2345

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,189
$58,700
$241,200
$299,900
-
$58,700
$241,200
$299,900

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