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Freestanding Strip Mall with Drive-Through Potential
For Lease
$9 SF/Yr

3600 S CRATER Road, Petersburg, VA 23805

CommercialLease, PETERSBURG, VA

Space Size8,400 SF
Property Size12,400 SF
Days on Market273

Property Features for 3600 S CRATER Road

General Information

Property type Other
Property subtype Retail
Parking 31
Parking features Parking Lot
Elementary school district PETERSBURG CITY PUBLIC SCHOOLS
Middle school district PETERSBURG CITY PUBLIC SCHOOLS
High school district PETERSBURG CITY PUBLIC SCHOOLS
Standard status Active

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2017
Building materials Brick Front, Mixed
Listing Agency: Smart Realty, LLC
Listed By: Mike Jamil Allah
Added: Dec 11, 2025 Changed: Sep 5 Last Checked: Sep 10 at 8:06AM
MLS# VAPC2000164

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2017, this freestanding retail center contains six units within a 12,400-square-foot building. Four contiguous units totaling 8,400 square feet are available, with the southern portion offering potential for drive-through use. The property features a brick-front and mixed-material exterior, central heating and cooling, and a dedicated parking lot.

The center sits next to Walmart on S. Crater Road, with shared use of Walmart’s southern entrance providing access to the retail property. Southern Regional Medical Center is two blocks east, and I-95 is nearby. Reported traffic volume in the surrounding area is 9,230 cars per day, supporting a location-oriented retail setting.

Key Highlights

  • 12,400 SF freestanding retail building with 6 units
  • Four contiguous units totaling 8,400 SF available
  • Southern unit offers potential for drive‑thru uses

Property Analytics

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Open Analytics

Current Use

Executive Cuts and Styles(at ... Barber Shop Petersburg Tobacco & Vape, ... (Bike/Boat/Book/etc) Store Bicycle Shop (Bike/Boat/Book/etc) Store Tobacco & vape & CBD ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service Kitchen & Bath Showroom Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,230 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby
172k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 38% Dining 23% Shops & Services 21% Apparel 7%
Walmart Superstores
65,594 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
13,986 visits/mo 0.2 miles
Dollar Tree Shops & Services
12,719 visits/mo 0.3 miles
Arby's Dining
9,387 visits/mo 0.4 miles
Roses Discount Store Shops & Services
9,191 visits/mo 0.4 miles

Demographics for 23805, VA

19,656
Population
9,272
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
90%
High-School Grad
71.5 sq mi
ZIP Area
275
Density / Sq Mi
$65,811
Median Household Income
$40,759
Median Earnings
$1,207
Median Rent
$208,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Four contiguous retail units offer flexible storefront space with shared access to the adjacent Walmart property.
Where is this strip mall located?
The property is located at 3600 S CRATER Road Petersburg, VA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 12,400 SF freestanding retail building with 6 units; Four contiguous units totaling 8,400 SF available; Southern unit offers potential for drive‑thru uses
More about this property
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