Aaron's Portfolio Virgina, North Carolina
7 Asset Portfolio
Address
Multiple Addresses in VA & NC
Virgina, North Carolina
7 Aaron's Assets
$12,300,000 | 7.85% CAP | $965,767 NOIThis unique portfolio offers 3 freestanding & 4 multi-tenant assets in North Carolina & Virginia. This is a diversified portfolio, available for purchase as a whole or individually. Each location features brand new Aaron's corporate leases of 7 years with option to extend, each site has historical success with supportive markets and demographics. Don't miss this rare investment opportunity.
The proforma in the document portal shows this purchase with full asset management services provided by 3 Properties included.
Full Offering Memorandum, Rent Rolls, Lease Abstracts, Proforma & Site Plans can be found in the document portal.
Investment Highlights
•3 Freestanding Assets & 4 Multi-Tenant Sites
• All New Aaron's Corp Leases Commenced 12/2018
• Supportive Demographics and Great Curb Appeal
• More Than 70,000sf Total
• Tenants Responsible for Pro Rata Share of Insurance, Taxes and CAM - All Expenses Passed Through
Locations Snapshot
Overview
A quick look at the numbers on each property. Please see the document portal for more information & resources including: Lease Abstracts, Rent Rolls, Proforma Model and Site Plans.
| Type | Location | Square Footage | NOI | List Price |
|---|---|---|---|---|
| Single | Lynchburg, VA | 8,000 | $132,000 | $1,700,000 |
| Single | Emporia, VA | 10,000 | $132,000 | $1,700,000 |
| Single | Danville, VA | 12,000 | $132,000 | $1,700,000 |
| Multi | Roanoke Rapids, NC | 9,530 | $136,615 | $1,800,000 |
| Multi | Henderson, NC | 10,400 | $146,400 | $2,000,000 |
| Multi | Martinsville, VA | 11,475 | $128,316 | $1,700,000 |
| Multi | Elizabeth City, NC | 10,400 | $158,434 | $1,900,000 |
See Document Portal For More
Highlights
Unique Portfolio & Asset Management Services
- Asset Management Services Offered from 3 Properties (shown on Proforma)
- Opportunity to Purchase Diverse Portfolio Across 2 States
- Industry Leading Guarantor
Team
Brokers
Teal Henderson
3 Properties
Noah Shaffer
3 Properties
Joel Kimel
Kimel Inc.
VA License: 0225029794
Bob Connelly
South East Commercial
Real Estate Group Inc.
NC License: 183528
Teal Henderson
813.235.5812 teal@3-properties.com
Please contact us for more information:
- Phone
- 813.448.1234