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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 $1,621,191 $16.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,621,191 $16.99
Taxes - -
Operating Expenses - -
Total Expenses $206,156 $2.16
Net Operating Income $1,415,035 $14.83

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $1,621,191
Annual Per SF $16.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,621,191
Annual Per SF $16.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $206,156
Annual Per SF $2.16
Net Operating Income (CAD)
Annual $1,415,035
Annual Per SF $14.83

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
95,447 SF
Building Class
B
Year Built
2006
Price
$21,649,358 CAD
Price Per SF
$226.82 CAD
Cap Rate
6.54%
NOI
$1,415,035 CAD
Percent Leased
80%
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)

Sustainability

Energy Star Certified
78
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

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 as a department store business in Wisconsin in 1962, building on earlier Kohl family retail roots before expanding beyond the Midwest. The company now operates as an omnichannel retailer with stores, e-commerce, and a mobile app, serving families through a department-store format centered on value and convenience. The business focuses on moderately priced private-label and national-brand apparel, footwear, accessories, beauty, and home products. Kohl's uses a national distribution and fulfillment network to move merchandise to stores and directly to customers' doors.

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

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 19,040 SF
  • Retail
  • -
  • Now

PAD SITE: Off James Madison Hywy

Space Size Space Use Position Available
1st Floor 19,040 SF Retail - Now

1st Floor

Size
19,040 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 19,040 SF
Space Use Retail
Position -
Available Now

PAD SITE: Off James Madison Hywy

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
Lidl
Planet Fitness
Ruby Tuesday
IHOP
Chili's Grill & Bar
Five Guys

Property Taxes

Property Taxes

Parcel Number
41-78-B
Land Assessment
$6,275,055 CAD (2025)
Improvements Assessment
$9,763,505 CAD (2025)
Total Assessment
$16,038,559 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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