700 S. 15th Avenue
Hopewell, VA 23860
Industrial:
9,150± SqFt
Sale Price:
$1,300,000
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Property Information
Space Available
9,150± SqFt
Total Size
9,150± SqFt
Description
- 9,150± SF Flex with Yard Investment Sale
- National Credit Tenant: RoadSafe Traffic Systems with a 5 year NNN lease
- Fenced 0.8± AC lot
- 2 grade level doors (12’ x 12’ and 10’ x 10’)
- 14’ ceiling in shop; new roof and HVAC
- Zoning: B-3
- Net Operating Income: $91,150; 3.5% annual rental increases (expires 9/30/2028)
- Located in Hopewell, VA – established industrial submarket
- Purchase Price: $1,300,000 (7% Cap Rate)