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Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
MLS Listing ID VAHC2000280
Sold Date 07/11/24
Year Built 2009
Tax Year 2021
Lot Size 0.579 Acres
Acres 0.58
Property Sub-Type Services
Source BRIGHT
Property Description
Fully leased Dairy Queen, 6 years left on current lease with four additional 5 year options. Triple net lease with personal guaranty. 10% rent increase every 5 years. 6.2% cap rate (2023)
Location
State VA
County Harrisonburg City
Zoning B2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 33.0
Water Access N
Accessibility None
Total Parking Spaces 33
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Harrisonburg City Public Schools
Others
Tax ID 27-N-12
Ownership Fee Simple
Special Listing Condition Standard
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