INVESTMENT SALE PUBLICLY TRADED ESSENTIAL RETAILER 398 Wythe Creek Road Poquoson, Virginia 23662 MICHAEL ALLEN (757) 640-9475 [email protected]Essential Retailer operating with social distancing during pandemic Lease Term expires 12/31/2024 Two (2) Five-Year Options with 6% fixed rent increases in Options Traffic count exceeds 12,500 VPD Average Household Income of $101,222 within a 5-minute drive Roof was recently replaced in 2017 with warranty Proj Yr 1 NOI $60,993 Price - $850,000 | Cap Rate 7.2% | 5-Year IRR 15.5% | Yr 1 Cash on Cash 10% SITE WYTHE CREEK RD WYTHE CREEK RD
The information contained herein has been obtained from sources believed to be reliable but is not warranted.We cannot be responsible for errors, omissions, withdrawal, or prior lease.
