8.6% Cap Investment Opportunity

Description:

8.6% CAP Investment Opportunity with a NEW 3-year NNN lease in place. Well-maintained building on a high-traffic stoplight corner of Rt. 250 by Walmart, Lowes, and other major retailers, only 1 mile from I-81 exit 222, 21,000 VPD. 1745 SF first floor storefront plus 1680 SF second floor with a dedicated bay door and entrance. Off-street parking lot with side street overflow. New roof 2023, HVAC (1st floor) 2020. I1 Zoning (Light Industrial) allows for a variety of future uses. Close proximity to Harrisonburg, Charlottesville, Roanoke. Note that Benjamin Moore was the former tenant who has moved out – the new tenant is a tobacco and convenience store with a lease beginning 10/1/25.

Discover Staunton, VA – a charming and historic city with a vibrant arts and culture scene, nestled in the heart of the Shenandoah Valley. This thriving area boasts a mix of local eateries, boutique shops, and entertainment venues, creating a unique destination for both locals and visitors alike. Just a stone's throw away, the American Shakespeare Center and the Frontier Culture Museum offer enriching experiences while drawing in diverse audiences. With its rich history, picturesque surroundings, and vibrant community, investors in the Retail / Free Standing Building sector will find the location to be a strategic and compelling opportunity.

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