Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Bank of America in Colonial Heights, VA. The property consists of a 3,221-square-foot, freestanding building that sits on approximately 1.01 acres of land. There are 4.9 years remaining on the lease with CPI rental increases every six years. Brian Hosey Broker of Record 7200 Wisconsin Ave., Suite 1101 Bethesda, MD 20814 (202) 536-3700 Lic #: 0225247494
Price | $1,777,000 |
Cap Rate | 6.25% |
Building Size | 3,221 sqft |
Lot Size | 1.01 acres |
Year Built | 1975 |
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