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258 W LEE HWY
CHILHOWIE, VA 24319-4668
Asking Price
$1.52M
Cap Rate
6.4%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Retail | 6.40% CAP | 9,000 SqFt <ul><li></li><li>Over 10 Years Remaining | Scheduled Rental Increases | Established Brand</li><li></li><li>Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Store Remodeled in 2025</li><li></li><li>Across from Food City | Strong National/Credit Tenant Presence | Near Chilhowie High School</li><li></li><li>Along W Lee Hwy | Interstate 81 | Excellent Visibility & Access</li><li></li><li>Strong Demographics Within 10-mile Trade Area</li></ul><p></p>
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NOI
$80,000
Cap Rate
5.25%
DSCR
0.88
Underwater
Cash-on-Cash
-2.30%
Monthly Payment
$7,544.868
Annual Cash Flow
$-10,538.415
