763-791 Nalles Mill Rd | Culpeper, VA 22701
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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
Parcel Numbers | Improvements Assessment | $9,609,901 CAD | |
Land Assessment | $6,875,856 CAD | Total Assessment | $16,485,757 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,875,856 CAD
Improvements Assessment
$9,609,901 CAD
Total Assessment
$16,485,757 CAD
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