16780 Forest Rd
Forest, VA
Price:
$4,585,000
Cap Rate:
5.75%
NOI:
$263,613
Building Size:
Approx. 10,782 Sq. Ft.
Lot Size:
Approx. 1.19 Acres
Type:
Single-Tenant / Retail
Sub Category:
Early Education
Year Built:
2019
Investment Overview
- 2019 Construction. 10,782+/- SF Building on 1.19+/- Acre Site
- 15-Yr Corporate Backed NNN Lease w/ 2% Annual Rental Increases
- Located Between Forest Square Shopping Mall & Graves Mill Shopping Center
- Strong Income Demographics w/ est. $97,522 within a 1-Mile Radius
- Near Walmart, Kroger, Home Depot, Lowe’s, Walgreens, Dollar General, & More
- Nation’s Largest For-Profit Childcare Provider | Serving 126K+ Children
- Forest, Virginia | Bedford County | Lynchburg MSA