181 Warrior Drive, Stephens City, VA
Retail for Sale - $975,000 - 8,000 Sq. Ft. on 49299.44 acres
Property Info
CIMLS# | 692819 |
Location 181 Warrior Drive Stephens City VA 22655 | |
Updated | September 26th, 2014 |
Type | Retail |
Price | $975,000 |
Building | 8,000 Sq. Ft. |
Land | 49299.44 acres |
Property Description
Fully leased 8,000sf building along Warrior Drive in Stephens City. Modern energy efficient building was built in 2006, as three spaces, with separate utilities. Property has little or no deferred maintenance. Currently leased by BBQ restaurant and retailer. The 1.15 acres is zoned B-2 with 40 parking spaces and is across from Sherando Town Center. Direct traffic corridor to major residential development. Investment property is offered at $975,000 or 7.1% Cap Rate.
Location Description:
Stephens City has developed into a bedroom community close to Winchester with much of its growth in young families, boasting a population of nearly 30,000 people with an average household income in excess of $70,000. The area is serviced by two grocery anchored shopping centers; Martins and Food Lion. The area has had several smaller community centers open to service the pockets of residential development. Stephens City is easily accessible from I-81 at exit #307 or from Rt. #522. It is poised for continued growth and additional services will be required.
Highlights:
>> 1. Location along busy retail corridor
>> 2. Modern energy efficient well maintained building
>> 3. Newer building with no deferred maintenance
>> 4. Investment Property
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Financials
Sales Info:
>> Commision split: 4.0%