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113 Founders Way 7,493 SF 100% Leased Retail Building Strasburg, VA 22657 $1,139,179 CAD ($152.03 CAD/SF) 6.43% Cap Rate



Investment Highlights
- Class Office Condominium Investment totaling 4,200 SF
- Strong NOI $53,330.48
- Asking $828,000 for all three; Unite #1 - $378,000; Unit #2 - $234,000; Unit #3 - $216,000
- Prime Visibility with 12,782 ADT
Executive Summary
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Edward D. Jones Company
- Finance and Insurance
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In 1902, a Methodist minister, Reverend Edgar J. Helms, pioneered an organization in Boston’s South End that gave people hope, dignity, and independence. Fifty-three years later, a small group of concerned Hagerstown businessmen saw the need for their community to join Rev. Helms’ movement, now known as Goodwill Industries, which became the 100th Goodwill franchise in the United States. At that time, Hagerstown was the smallest city in America to have such a franchise. The founders were Richard Grumbacher, Max Greenwald, D. E. Stultz, J. H. Bayliss, Harold Porter, and David W. Byron. Harvey Kettering was hired as the first CEO of the new organization. By August 1955, 17 persons were employed, and their first store was opened on September 30, 1955. Mr. Kettering served in his role as CEO until 1959. During his tenure, stores were opened in Hagerstown, Hancock, Cumberland, Waynesboro, and Martinsburg.
- Red Coats, Inc.
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Edward D. Jones Company | Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Red Coats, Inc. | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
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113 Founders Way
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