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Building - BROADWAY, VA

Net Leased Dollar General in Broadway. Leased through 4/2030, property is priced at 6.6% CAP rate. DG is a strong tenant that has been there since 2004, it has fundamentally low base rent therefore being a hard store to replace. Situated on Route 259, this property has over 12,000 cars past it everyday. Great opportunity for 1031 exchange buyer. This property has little maintenance liability for the owner, averaging less than $2,100/yr the last 3 years. New HVAC installed in Oct. 2024, this will lead to less liability cost for the owner for years to come.

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Cottonwood Commercial LLC

License #0225231207

Harrisonburg, VA

(540) 383-6054

Craig Anders

Cottonwood Commercial LLC
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Is this your property? Sell it faster with premium placement and targeted ads.