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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.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $1,654,180 $17.33
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,654,180 $17.33
Taxes - -
Operating Expenses - -
Total Expenses $210,351 $2.20
Net Operating Income $1,443,830 $15.13

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $1,654,180
Annual Per SF $17.33
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,654,180
Annual Per SF $17.33
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $210,351
Annual Per SF $2.20
Net Operating Income (CAD)
Annual $1,443,830
Annual Per SF $15.13

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
95,447 SF
Building Class
B
Year Built
2006
Price
$22,089,899 CAD
Price Per SF
$231.44 CAD
Cap Rate
6.54%
NOI
$1,443,830 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.

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • 68,725 SF
  • -
  • -

Kohl's began in Wisconsin with a department store that opened in Brookfield in 1962, growing out of the broader Kohl family retail business in the Milwaukee area. The company operates as an omnichannel retailer with a national store network, an online store, and a mobile app that support shopping across stores and digital channels. Kohl's merchandise mix spans apparel, footwear, accessories, home essentials, beauty, and family-focused categories, including branded offerings and shop-in-shop experiences such as Sephora at Kohl's and Babies"R"Us at Kohl's. Kohl's also maintains a long-running community focus through Kohl's Cares and related philanthropy programs that support families and local organizations.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer 68,725 SF - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Nearby Major Retailers

Anytime Fitness
Truist
Atlantic Union Bank
Buffalo Wild Wings
Starbucks
Lidl
Planet Fitness
Ruby Tuesday
IHOP
Chili's Grill & Bar

Property Taxes

Property Taxes

Parcel Number
41-78-B
Land Assessment
$6,374,132 CAD (2025)
Improvements Assessment
$9,917,661 CAD (2025)
Total Assessment
$16,291,793 CAD (2025)
  • Listing ID: 18560299

  • Date on Market: 2020-02-18

  • Last Updated:

  • Address: 763-791 Nalles Mill Rd, Culpeper, VA 22701

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