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780 Commonwealth DrNorton, VA 24273

Walmart-anchored retail space in Norton, VA

Overview

Added:
Dec 11, 2024
Days on market:
114
Norton Commons, located at 780 Commonwealth Drive in Norton, Virginia (zip code 24273), presents a prime retail opportunity within a thriving neighborhood center. This 81,297 square foot shopping center, built in 2005, benefits from a strong Walmart shadow anchor and enjoys a strategic location just off US Highway 23, drawing shoppers from Virginia, West Virginia, Kentucky, and Tennessee. The center boasts 404 parking spaces, ensuring ample convenience for customers. Currently, 4,003 square feet of retail space is available for lease. The existing tenant mix includes a diverse range of established businesses, such as Bealls, Hibbett Sports, Maurices, Shoe Show, OneMain Financial, Sally Beauty Supply, and Verizon Wireless. This established center provides a high-traffic location with excellent visibility and accessibility, making it an ideal investment for businesses seeking a strong presence in a regional market. The property is situated in Wise County and offers a unique opportunity to capitalize on the significant regional draw of this well-established shopping destination. There are no internet cafes within the center. This property offers a compelling opportunity for businesses seeking a high-traffic, well-located retail space in a thriving regional market.

Highlights

  • Walmart & Bealls anchored shopping center.
  • Key tenants include Hibbett Sports, Shoe Show, Maurices, and Sally Beauty Supply.
  • 81,297 square feet gross leasable area (GLA).
  • Built in 2005.
  • 4.97 parking spaces per 1,000 square feet.
  • 404 total parking spaces.

Property Details for 780 Commonwealth Dr

Property type
Neighborhood centers, Community centers
RSF (Rentable sq. ft)
81,297 SF
Year Built
2005

Unit(s) available at that property

Space
Suite 18
Size
3,200 SF
Space
Suite 16
Size
4,003 SF
Space
Suite 01
Size
2,000 SF

Location Insight

City
Norton
County
Wise
State
Virginia
Latitude
36.9560828
Longitude
-82.601402
780 Commonwealth Dr, Norton, Virginia

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780 Commonwealth Dr
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