Commercial Realty
BROKERAGE PROPERTIES

IDEAL PASSIVE INVESTMENT - 7.84% CAP Rate

433 Commonwealth Boulevard
Martinsville, VA 24112
IDEAL PASSIVE INVESTMENT - 7.84% CAP Rate The Ideal Passive Investment: Local bank head office and two branches located in three communities. New leases run through 2023 with bumps every three years. Absolute NNN leases. No landlord responsibilities. These are not troubled assets.

7.84% CAP Rate
NOI $198,600




Local Bank head office - Martinsville, VA
Two Branches - Stuart, VA & Drakes Branch, VA


Possible third party financing available to qualified buyers. Total 17,980 square feet on three lots totaling approximately four acres at all locations.

Call Jim Barnett, CCIM
276.656.3538
276.252.2786 (cell)
jbarnett@ccim.net (email)
Sale Price: $2,500,000
For more information contact Jim Barnett, CCIM
IDEAL PASSIVE INVESTMENT - 7.84% CAP Rate
IDEAL PASSIVE INVESTMENT - 7.84% CAP Rate
IDEAL PASSIVE INVESTMENT - 7.84% CAP Rate
Property Type: office
Property Status: sold
PDF description sheet (suitable for print) PDF description sheet (suitable for print)
 Bank-Flyer.pdf
Information current as of November 1, 2017