Strickland Brothers

Powhatan,
VA

PROPERTY INFORMATION

PRICE SUMMARY

$ 2425200

CAP RATE

6.35 %

NOI

$ 154000

TOTAL LOT SIZE

1.3 Acres

BUILDING SIZE 

1735 SF

PROPERTY HIGHLIGHTS

  • Corporately Guaranteed Strickland Brothers With 14+ Years Remaining in Primary Term
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • 10% Rental Increase Every 5 Years Throughout Primary Term and Options
  • Rapidly Growing Population Within 5-Mile Radius, Boasting 51.80% Growth Rate From 2010 to 2024 Having an Average Household Income of $174K+
  • Subject Property is Adjacent to Walmart Supercenter and Located Near Several Retailers Including Dollar Tree, Goodwill, Burger King, AutoZone
  • Excellent Visibility Along Anderson Hwy, With an Impressive 35,000 Vehicles Passing by the Property Daily
  • Strickland Brothers was Founded in 2016 and Currently has Approximately 250+ Locations

Strickland Brothers

|

1860 Stoneridge Commerce Dr,

Powhatan,

VA

23139

In Cooperation With Brian Brockman at Bang Realty, Inc | VA #225245999 | bor@bangrealty.com | (513) 898-1551

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