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Apple Market
407 N Bridge St, Bedford, VA 24523
Listing Price: $1,359,375
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for an Apple Market located at 407 N Bridge Street in Bedford, VA. The site consists of roughly 2,883 rentable square feet of building space on estimated 0.57-acre parcel of land. This Apple Market is subject to a 20-year absolute triple-net (NNN) lease with zero landlord responsibilities. The current annual rent is $75,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 2, 10-year renewal options.
Exclusively Listed By
Broker of Record
-
Brian Hosey
First Vice President/ Division Manager
Listing Price: $1,359,375
Investment Highlights
- Long-Term, Absolute Triple Net (NNN) Lease
- More Than 12 Years Remaining
- 1.50% Annual Increases
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for an Apple Market located at 407 N Bridge Street in Bedford, VA. The site consists of roughly 2,883 rentable square feet of building space on estimated 0.57-acre parcel of land. This Apple Market is subject to a 20-year absolute triple-net (NNN) lease with zero landlord responsibilities. The current annual rent is $75,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 2, 10-year renewal options.
Exclusively Listed By
Broker of Record
-
Brian Hosey
First Vice President/ Division Manager
