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295 Charming Rd

Danville, VA 24540
  • $895,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 69382
$895,000
  • 0
    BEDS
  • 3.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,200
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1994
Area:

School Ratings & Info

Listing provided by John Laramore of WILKINS & CO., REALTORS, INC.: 4347974007

Description

Leased to current tenant FedEx in 1999 with a NNN Lease. They generally have been writing 5-year leases with renewals. The tenant pays Maintenance, Insurance, and Real Estate Taxes. 19,200 SF Warehouse, fully Insulated and Heated with a Sprinkler System. Ceiling Height varies from 14' to 20' with 2 Loading Docks (16'X12' & 10'X8') and 2 Bay Doors (12'X12' & 11'X14'). Includes Office, Breakroom, and Restrooms. Complete New Septic Tank and System installed in 2023. The current lease was written in 2016-2021 for 5 years with a 5-year renewal from July 1, 2021 to June 30, 2026 with a renewal for another 5 years ending in 2031. Current rent is $55,440/Year $4,620/Month. The lease is NNN with the tenant paying RE Taxes, Insurance, and Maintenance.

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© 2024 Dan River Region Assocation of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elizabeth Ware Realtors. Data last updated: 2024-04-24T23:54:48.74.
www.elizabethwarerealtors.com/homes/147580400
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295 Charming Rd Danville, VA 24540

  • Price: $895,000
  • Status: Active
  • On Site: 71 Days
  • MLS #: 69382
0
Beds
0
Baths
0
½ Baths
3.39
Acres
19,200
SQFT
$47
$/SQFT
1994
Built
Neighborhood:
West Of 29
Area:
West Of 29
Property Description
Leased to current tenant FedEx in 1999 with a NNN Lease. They generally have been writing 5-year leases with renewals. The tenant pays Maintenance, Insurance, and Real Estate Taxes. 19,200 SF Warehouse, fully Insulated and Heated with a Sprinkler System. Ceiling Height varies from 14' to 20' with 2 Loading Docks (16'X12' & 10'X8') and 2 Bay Doors (12'X12' & 11'X14'). Includes Office, Breakroom, and Restrooms. Complete New Septic Tank and System installed in 2023. The current lease was written in 2016-2021 for 5 years with a 5-year renewal from July 1, 2021 to June 30, 2026 with a renewal for another 5 years ending in 2031. Current rent is $55,440/Year $4,620/Month. The lease is NNN with the tenant paying RE Taxes, Insurance, and Maintenance.
Exterior Features

Construction Type Steel Frame Number Docks 2 Roof Steel JoistCorrugated Steel

Interior Features

Air Conditioning None Floors Concrete Heating Butane-Propane Manufacturing Sqft 0 Office Area Sqft 200 Retail Sqft 0 Warehouse Sqft 19000

Property Features

Amount Per Sqft Lease 0 Amount Per Sqft Sale 46.61 Annual Rent 55440.00 Business Type WarehouseCommercialIndustrial Lease Rate Month 4620.00 Location County Number Bays 2 Office Industrial Park N/A Taxes 2287.80 Utilities Available None Zoning M-2

Listing provided by WILKINS & CO., REALTORS, INC.: 4347974007


© 2024 Dan River Region Assocation of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elizabeth Ware Realtors. Data last updated: 2024-04-24T23:54:48.74.
 
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Elizabeth Ware Realtors
1083 Franklin Turnpike
Danville VA, 24540
Listing provided by John Laramore of WILKINS & CO., REALTORS, INC.: 4347974007