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222 Main Street

sold
Property Information
Type
:
Retail
For
:
Sale
Price
:
$813,750
Investment opportunity in New Castle Virginia! Five years remaining on the lease, with three additional five year options to renew - 10% bumps for each new term. This is the only Dollar Store in Craig County, VA - and the closest national grocery chain is 48 minutes away in Roanoke, VA. The rural demographic is perfect for the Dollar Store business model, and the store draws customers from a driving radius of 45 minutes to the north, east and west. Frank Martin is co-listing agent for this property.
 
Jim Deyerle
Phone: 540-525-4658
Jim is a success driven agent that has extensive commercial real estate with over twenty years of experience in managing both large and small real estate portfolios. He also has expertise in related operations and transaction negotiations that include leasing, sales, consulting and project management.