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Aaron's 102 Dominion Dr

10,228 SF Retail Building Emporia, VA 23847 £1,094,648 (£107/SF) 9.44% Net Initial Yield

Executive Summary

This Aaron’s currently has a lease in its initial term through 2025 with a five-year renewal option through January 2031!
Double Net Lease - Landlord responsible for roof/HVAC/Parking Surface.
HVAC system is brand new as of June 2023!
This is a fantastic opportunity for an incoming investor to acquire a property with strong operating history at an extremely attractive Cap Rate. Property shares the local Walmart shopping center.

Attachments

102 Dominion Dr.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,228 SF
Building Class
C
Year Built
2007
Price
£1,094,648
Price Per SF
£107
Net Initial Yield
9.44%
NOI
£103,283
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
1.83 AC
Zoning
AA4
Parking
50 Spaces (4.89 Spaces per 1,000 SF Leased)
Frontage
166 ft on Dominion Dr
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102 Dominion Dr, Emporia, VA - aerial map view

Nearby Major Retailers

Five Guys
Food Lion
Atlantic Union Bank
Cracker Barrel Old Country Store
Applebee's
Starbucks
Truist
Blimpie
Ymca
First Community Bank

PROPERTY TAXES

Parcel Number 101A0103 Improvements Assessment £575,414
Land Assessment £321,822 Total Assessment £897,235

PROPERTY TAXES

Parcel Number
101A0103
Land Assessment
£321,822
Improvements Assessment
£575,414
Total Assessment
£897,235
(703) 999-3390

  • Listing ID: 32467589

  • Date on Market: 15/07/2024

  • Last Updated:

  • Address: 102 Dominion Dr, Emporia, VA 23847

The Retail Property at 102 Dominion Dr, Emporia, VA 23847 is currently available For Sale. Contact Samson Properties for more information.

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102 Dominion Dr, Emporia, VA for sale Primary Photo- Image 1 of 3
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© 2024 CoStar Group

Aaron's | 102 Dominion Dr
(703) 999-3390 x

Aaron's | 102 Dominion Dr

Sean Hopkins

(703) 999-3390

(703) 999-3390

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