Property Details

Family Dollar & Snap Fitness

Amherst, VA
Property ID: 10980

    Financial Summary

    Asking Price $1,100,000
    Cap Rate 8.27%
    Net Operating Income (NOI) $91,000
    Lease Type NN
    The Offering Memorandum for this property is no longer available.

    Contact

    Natalia Nunno
    Associate Director
    703.787.4715

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    Highlights

    • Investment grade tenant Family Dollar
    • Over $550,000 of renovations completed in 2018 on Family Dollar
    • $25,000 renovations completed in 2013 for Snap Fitness
    • Long term history of health and fitness club at this location – over 15 years
    • No other 24/7 health and fitness presence within a 20 miles radius
    • New roof installed in 2018 and parking lot repaved for both properties
    • Four colleges located within 15 miles of the strip center

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

    Location

    203 & 211 South Main Street
    Amherst, VA

    Leigh ClineFamily Dollar & Snap Fitness