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4482 S Amherst Hwy

2,531 SF Retail Building Madison Heights, VA 24572 £703,109 (£278/SF)

Investment Highlights

  • 100% Occupancy
  • Drive-Thru
  • High Growth Area
  • Lease expires March 31, 2028
  • Signalized Corner Lot

Executive Summary

This property, formerly a SunTrust branch, is located in the growing Madison Heights, VA. This single tenant property is on a signalized corner lot. The SunTrust is dark but the current lease goes through March 31, 2028.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,531 SF
Building Class
B
Year Built
1973
Price
£703,109
Price Per SF
£278
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Land Acres
0.83 AC
Zoning
Business
Parking
25 Spaces (9.88 Spaces per 1,000 SF Leased)
Frontage
200 ft on South Amherst Highway

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
155-A-123
Land Assessment
£214,962
Improvements Assessment
£295,069
Total Assessment
£510,030
  • Listing ID: 32125313

  • Date on Market: 13/06/2024

  • Last Updated:

  • Address: 4482 S Amherst Hwy, Madison Heights, VA 24572

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