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763-791 Nalles Mill Rd
Culpeper, VA 22701
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- National credit tenant roster including Kohl's, Buffalo Wild Wing's, Jersey Mikes, Anytime Fitness.
- Highly visible in retail corridor.
- Adjacent to Walmart.
- Value add available through pad development.
EXECUTIVE SUMMARY
One Story Building with 9 units and 547 parking spaces. 100% Occupied.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
95,447 SF
Building Class
B
Year Built
2006
Price
$19,649,752 CAD
Price Per SF
$205.87 CAD
Cap Rate
6.90%
NOI
$1,355,044 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
20.46 AC
Zoning
M2 - Commercial
Parking
547 Spaces (5.73 Spaces per 1,000 SF Leased)
ABOUT 763-791 NALLES MILL RD , CULPEPER, VA 22701
Prime retail in Culpeper's premier retail district. Anchored by a popular Kohl's, leased until '27 with options to extend. Synergistic, internet-resistant roster. Well appointed and well-maintained.
PROPERTY TAXES
| Parcel Number | 41-78-B | Improvements Assessment | $9,875,016 CAD |
| Land Assessment | $6,346,724 CAD | Total Assessment | $16,221,740 CAD |
PROPERTY TAXES
Parcel Number
41-78-B
Land Assessment
$6,346,724 CAD
Improvements Assessment
$9,875,016 CAD
Total Assessment
$16,221,740 CAD
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