For Sale

8.5% CAP RATE INVESTMENT | NN LEASED COMMERCIAL PROPERTY

15 Southgate Ct,
Harrisonburg, VA 22801

Asset Snapshot

Garden
Retail Subtype
1
Floor Count
2
Building Count
0.34 Acres
Land Area

Offering Summary

Investment Overview

Offered now with attractive 3-year lease securing 8.5% CAP rate on a NN lease with local childcare tenant. LL responsibilities are limited to major capital replacement/repair and structural/roof responsibilities. 2500SF+/- fully updated brick commercial property at 15 Southgate Court. Situated conveniently right off S. Main Street, in middle of Motor Mile, offering seamless access, and steady daily traffic. The interior has been well updated and boasts multiple restrooms configured for high-capacity daily needs, versatile instructional and wide open areas, and durable construction throughout. Large privacy fenced area allows for continued indoor and outdoor flow. There is an additional 1,200 SF +/- of storage in the basement. The solid brick exterior offers classic curb appeal, minimal maintenance, and long-lasting quality.


How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$649,000
Asking Price

Investment Sales Broker

Craig Anders
Cottonwood Commercial