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763-791 Nalles Mill Rd
Culpeper, VA 22701

Retail Property For Sale

Investment Highlights

  • National credit tenant roster including Kohl's, Buffalo Wild Wing's, Jersey Mikes, Anytime Fitness.
  • Highly visible in retail corridor.
  • Adjacent to Walmart.
  • Value add available through pad development.

Executive Summary

One Story Building with 9 units and 547 parking spaces. 100% Occupied.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
95,444 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Price
$19,127,648 CAD
Price Per SF
$200 CAD
Cap Rate
7.02%
NOI
$1,342,407 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
22.89 AC
Zoning
M2 - Commercial
Parking
550 Spaces (20.6 Spaces per 1,000 SF Leased)

About 763-791 Nalles Mill Rd , Culpeper, VA 22701

Prime retail in Culpeper's premier retail district. Anchored by a popular Kohl's, leased until '27 with options to extend. Synergistic, internet-resistant roster. Well appointed and well-maintained.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 41-78-B
  • 41-78-B3
Land Assessment
$6,875,856 CAD
Improvements Assessment
$9,609,901 CAD
Total Assessment
$16,485,757 CAD
  • Listing ID: 18560299

  • Date on Market: 2020-02-18

  • Last Updated:

  • Address: 763-791 Nalles Mill Rd, Culpeper, VA 22701

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