433 E Commonwealth Boulevard
Martinsville, VA
Office for Sale - $2,500,000 - 17,980 Sq. Ft.
Property Info
| CIMLS# | 135783 |
| Location 433 E Commonwealth Boulevard Martinsville VA 24112 | |
| Updated | August 12th, 2011 |
| Type | Office |
| Price | $2,500,000 |
| Building | 17,980 Sq. Ft. |
Property Description
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. NOI $198,600.
Price: $2,500,000. 7.84% CAP Rate
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)