Property Details

Verizon Wireless

Altavista, VA
Property ID: 2186

    Financial Summary

    Asking Price $576,000
    Cap Rate 7.50%
    Net Operating Income (NOI) $43,200
    Lease Type NN
    Lease Term Remaining 10 Years
    Increases 10% Every 5 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Andrew Fallon
    Executive Managing Director
    703.787.4733

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    Highlights

    • 10 Year lease with 10% rent increases every 5 years
    • Surrounded by other national retailers including CVS Pharmacy, Wells Fargo, Enterprise, etc.
    • Located off US 29; 1 hour from Roanoke, VA

    Net Lease Advisor

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

    Location

    1032 Main Street
    Altavista, VA

    Traci BidingerVerizon Wireless