Published on: Wednesday, June 18, 2025
Updated on: Wednesday, June 18, 2025
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About the Lister
User Profile Image
Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
Provide Your Service
Financing  Business  Material
  Collinsville, VA - Lincare
4811 Kings Mountain Road Collinsville Virginia , 24078
4811 Kings Mountain Road Collinsville Virginia                                                                                            , 24078  SRS Real State Partners
Listing ID: CL-Virginia-25683

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.5
Net Operating Income: $42,325.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Virginia-25683
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1992
Building Size: 5,380.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 11
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Lincare, Inc. Corporate signed lease. Lincare, Inc. is a subsidiary of Linde plc (NASDAQ: LIN S&P: A), a multinational chemical company with a market cap of over $214 billion
Complete Details
Year Build: 1992
Building Size: 5,380 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 11
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

Description

  • Lincare, Inc. Corporate signed lease
  • Lincare, Inc. is a subsidiary of Linde plc (NASDAQ: LIN
  • S&P: A), a multinational chemical company with a market cap of over $214 billion
  • Over 1.5 years remaining with 2 (2-year) option periods to extend
  • The lease features 5% rental increases at the beginning of each option

Location

  • The subject property is located in a primary retail corridor with national/credit tenants including Walgreens, CVS, Dollar General, McDonald’s, Wendy’s, Taco Bell, O’Reilly Auto Parts, and many others
  • Located near the intersection of US Highway 220 Business and State Highway 174, which combine to average over 34,000 vehicles passing by daily and serve distribution centers for companies such as Hanes, Monogram Foods, Eastman, and many others
  • Strong tenant synergy promotes crossover shopping to the subject property
  • The property features multiple roll-up doors and a covered loading dock in addition to office space, providing users with a variety of different uses
Additional Properties
Property Highlights
  • Corporate Signed Lease | Options To Extend | Long Operating History | Strong Parent Company
  • Dense Retail Corridor | Distribution Corridor | Flex Design
Features
  • Lot Size: 0.65 ± AC
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2025
$0.00
$0.00
$0.00
$41,325.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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1210 Devereux Rd , Cardiff Colorado                                                                                             81601
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985 & 1999 Airport Industrial Park Drive SE , Marietta Georgia                                                                                              30060
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218 W St Peter St , New Iberia Louisiana                                                                                            70560
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2509-2513 W 2nd St , Marion Indiana                                                                                              46952
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737-787 E. Main St , Gas City Indiana                                                                                              46933