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763-791 Nalles Mill Rd 95,447 SF 80% Leased Retail Building Culpeper, VA 22701 $21,649,358 CAD ($226.82 CAD/SF) 6.54% Cap Rate



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
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
Sustainability
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
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
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-78-B | Improvements Assessment | $9,763,505 CAD (2025) |
| Land Assessment | $6,275,055 CAD (2025) | Total Assessment | $16,038,559 CAD (2025) |
Property Taxes
Presented by
763-791 Nalles Mill Rd
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