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Branch Bank - Stuart, VA 48 Animal Clinic Rd

1,596 SF Retail Building Stuart, VA 24171 $496,278 CAD ($311 CAD/SF) 14.10% Cap Rate

Banks Virginia Stuart 48 Animal Clinic Rd, Stuart, VA 24171

Investment Highlights

  • Offered at a 14.1% CAP Rate
  • Great Visibility just off of US-58 West (Jeb Stuart Highway)
  • 2.5 Years Remaining on Lease
  • 8,600 Average Daily Traffic

Executive Summary

This 1,596 sf Bank Branch is located on Animal Clinic Road in scenic Stuart, VA. The building is under a NNN lease until August 31, 2025 even though it is currently vacant. This property is located just off of Jeb Stuart Highway (US-58 West) with traffic counts of 8,600 ADT per day.
This investment offers a passive investor an excellent return with an above market CAP Rate of 14.1 for the next eight months. This would also be a great opportunity for user owner looking for a great location once the current lease ends.
Neighboring businesses include Walmart Super Center, Tractor Supply Company, Advance Auto Parts and Wendy’s.

Attachments

48 Animal Clinic Road - Stuart, VA - 2022 Tax Assessment Card

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
1,596 SF
Building Class
B
Year Built
2010
Price
$496,278 CAD
Price Per SF
$311 CAD
Cap Rate
14.10%
NOI
$69,957 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.84 AC
Parking
11 Spaces (6.89 Spaces per 1,000 SF Leased)
Frontage
50 ft on Animal Clinic Road
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PROPERTY TAXES

Parcel Number 4911090004A Improvements Assessment $339,224 CAD
Land Assessment $82,556 CAD Total Assessment $421,779 CAD

PROPERTY TAXES

Parcel Number
4911090004A
Land Assessment
$82,556 CAD
Improvements Assessment
$339,224 CAD
Total Assessment
$421,779 CAD
(276) 632-5325

Contact

  • Listing ID: 26537644

  • Date on Market: 2022-09-01

  • Last Updated:

  • Address: 48 Animal Clinic Rd, Stuart, VA 24171

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Branch Bank - Stuart, VA | 48 Animal Clinic Rd
(276) 632-5325 x

Branch Bank - Stuart, VA | 48 Animal Clinic Rd

Will Vaughn

(276) 632-5325

(276) 632-5325

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