Unique Investment Opportunity Williamsburg Antique Mall

Transcription

Unique Investment Opportunity Williamsburg Antique Mall
Unique Investment Opportunity
Williamsburg Antique Mall
500 Lightfoot Road
Williamsburg, VA 23188
PROPERTY HIGHLIGHTS
 Listing Price: $6,490,000
 Over 13% cash on cash annual return
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45,000 SF building
Housing an on-going business
Has an additional 2+/- acres for expansion
Great opportunity for an entrepreneur to purchase
income producing real property at a 9.48% CAP on
Actual earnings
Stuart Wade, Jr.
The Nicholson Companies
819 W. Little Creek Rd.
Norfolk, Va. 23505
757-618-3597
[email protected]
The Nicholson Companies and the Argus Self Storage Sales Network have compiled this information from sources believed to be reliable however can make no warranties, express or implied, to its accuracy. Buyer to conduct their
own due diligence.
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500 Lightfoot Rd., Williamsburg, VA 23188
Williamsburg Antique Mall operates very much like a self storage facility. Tenants lease space to offer their inventory for sale to the public.
The tenants pay rent for their space and pay a 10% consignment fee to
the landlord based on sales. This business opened in 1997 and has
been rent stabilized since day one.
The Nicholson Companies and the Argus Self Storage Sales Network have compiled this information from sources believed to be reliable however can make no warranties, express or implied, to its accuracy. Buyer to conduct their
own due diligence.