2697 Byron ST Active Save Request In-Person Tour Request Virtual Tour
Henrico,VA 23223
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $300
MLS Listing ID 2418051
Construction Status Actual
HOA Y/N No
Year Built 1956
Lot Size 0.490 Acres
Acres 0.49
Property Description
This exceptional investment opportunity in Henrico County features a vape shop under a triple net (NNN) lease with four years remaining. Currently generating $2,500 per month, the lease includes annual 3% rent increases, ensuring a steady and growing income stream. 9.8% Cap Rate! - The tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and maximizing net income. Located in a high-visibility area, this property benefits from the thriving vape industry and the strong market environment in Henrico County. With reliable income and minimal operational duties, this investment offers excellent long-term potential. Don't miss out on securing a hassle-free investment with guaranteed growth. New Roof, Electrical & Plumbing 2021
Location
State VA
County Henrico
Area 42 - Henrico
Interior
Heating Zoned
Exterior
Roof Type Flat
Topography Level
Handicap Access Accessibility Features
Total Parking Spaces 10
Building
Lot Description Level
Building Description Brick, No Elevators,Single-Tenant
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Construction Status Actual
Others
Tax ID 803-733-5576
Ownership ,Investment