Aaron's Portfolio Virgina North Carolina

7 Asset Portfolio

Address

Multiple Addresses in VA & NC
Virgina,

7 Aaron's Assets

$12,300,000 | 7.85% CAP | $965,767 NOI

This 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

Noah Shaffer

Broker - Asset Management
3 Properties
727.351.3030 nshaffer@3-properties.com

Please contact us for more information:

Phone
813.448.1234