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Under long term lease to national auto parts retailer. Current appraisal. Triple net lease. Current lease to January 1, 2034, with two extensions of five years each, with rent increases. Signalized intersection. 35+ parking spaces. From 7.51% to 9.50% gross yield over time. 6.64% cap rate and 9.62% discount rate.

150696 Contract 2000 1 10/21/26
Price: $799,000
Address: 1001 E Church Street
Location: Martinsville, VA 24112
Bathroom: 2 Baths
Size: 6881 Square Feet
Lot: 4.53 Acres
Estimated Payment: $4,146 Per Month*
Based on a 30-year fixed rate of 6.75% with 20% down.
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© 2026 Martinsville MLS RETS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MVMLS. Real estate listings held by IDX Brokerage firms other than Rives S. Brown, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed.

Data last updated: Wednesday, October 21, 2026. Listing courtesy of Piedmont Realty.

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