For Sale
$3,720,000
800 Main St Wytheville, VA 24382
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- High-traffic location: Excellent visibility and access with proximity to Interstate 81 (54,000 VPD) and E Main St (9,100 VPD).
- Strong anchor tenant: Roses, opened in 2022, has a lease through 2029 with two five-year options.
- Significant NOI growth potential: Below-market rents and current vacancy offer immediate upside, with the listing price significantly discounted to replacement cost.
- Retail shopping center: 99,854 square foot Roses-anchored center, 86% leased to 14 service-oriented retailers.
- Debt-free offering: Offered unencumbered by debt and below replacement cost.
- Outparcel upside: Includes outparcels offering additional development or sale opportunities.
Property Details for 800 Main St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 99,854 SF
- Class
- A
- Year Built/Renovated
- 1976/2007
- Stories
- 1
- Lot Size (sq. ft)
- 378,536 SF
- Units
- 16
Location Insight
- City
- Wytheville
- County
- Wythe
- State
- Virginia
- Latitude
- 36.954071741052
- Longitude
- -81.074549404919
Nearby Similar for Sale
FAQs
- Where is the lifestyle center located?
- The property is located at 800 Main St Wytheville, VA.
- What is the asking price?
- The asking price for this property is $3,720,000.
- What are key features of this property?
- This property features: High-traffic location: Excellent visibility and access with proximity to Interstate 81 (54,000 VPD) and E Main St (9,100 VPD).; Strong anchor tenant: Roses, opened in 2022, has a lease through 2029 with two five-year options.; Significant NOI growth potential: Below-market rents and current vacancy offer immediate upside, with the listing price significantly discounted to replacement cost.
- How can I contact the broker?
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