801 England St | Ashland, VA 23005
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801 England St
Ashland, VA 23005
Shell Fuel at 801 England St · Retail Property For Sale
Investment Highlights
- NNN Ground Lease (2.39 Acres)
- Long standing and strong performing location
- 6 gasoline dispensers, 1 diesel car dispenser, and 3 high speed fueling positions
- 11+ years remain on the primary lease term
- Recently rebranded with Shell 10% rental escalations every 5 years through base term and option periods (3x5 year options)
- Amenities include a Jiffy Mart convenience store, a car wash, large rest rooms, truck parking and an ATM
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,800 SF
Building Class
C
Year Built
2000
Price
$5,064,848 CAD
Price Per SF
$1,333 CAD
Cap Rate
6.75%
NOI
$341,877 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.39 AC
Zoning
B2
PROPERTY TAXES
| Parcel Number | 7880-11-4046 | Improvements Assessment | $1,155,233 CAD |
| Land Assessment | $2,468,592 CAD | Total Assessment | $3,623,825 CAD |
PROPERTY TAXES
Parcel Number
7880-11-4046
Land Assessment
$2,468,592 CAD
Improvements Assessment
$1,155,233 CAD
Total Assessment
$3,623,825 CAD
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