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Strickland Brothers Investment | Poquoson, VA

400 Wythe Creek Road Poquoson VA 23662

  • Lease Type
    Ground Lease
  • Price
    $856,090
  • Acres
    0.57

Linville Team Partners is pleased to exclusively offer for sale the Strickland Brothers 10 Minute Oil Change at 400 Wythe Creek Road in Poquoson, VA. This opportunity includes a new 15 year ground lease with four (4) five (5) year renewal options and 10% escalations every 5 years.

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Details

Property Information

  • Property Type
    Investment
  • Tenant Name(s)

    Strickland Brothers 10 Minute Oil Change
  • Building SF
    1,690
  • Year Built
    2000
  • Acres
    0.57

Pricing & Terms

  • Price
    $856,090
  • Lease Type
    Ground Lease
  • NOI
    $47,085
  • Cap Rate (Actual)
    5.5%
  • Comments
    Linville Team Partners is pleased to exclusively offer for sale the Strickland Brothers 10 Minute Oil Change at 400 Wythe Creek Road in Poquoson, VA. This opportunity includes a new 15 year ground lease with four (4) five (5) year renewal options and 10% escalations every 5 years.

Property Documents

Aerial Map

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