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Property profile & analytics
FOR SALE
Commercial real estate

1029 South Main St Woodstock, VA 22664

97,293 SF 9.71 ac lot Built 1986
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US87-2275518
Property summary
AI-generated overview

This exceptional 8,000 square foot end-cap retail space is available for immediate occupancy this summer within the Shenandoah Square Shopping Center in Woodstock, Virginia. Located in a high-traffic area, this property benefits from its adjacency to a Food Lion grocery store and a Bealls Outlet, ensuring consistent customer flow. The shopping center also boasts a diverse tenant mix including Horizon Goodwill, Anytime Fitness, and Sherwin Williams, along with several local restaurants and retail businesses. The space itself is ideally suited for a variety of uses, including office, medical, or retail establishments such as home furnishing, home improvement, sporting goods, or rent-to-own businesses. The property sits on a 9.71-acre lot, providing ample parking and visibility. The lease rate is competitively priced at $7.50 per square foot, NNN, with a base rent of $1.92 per square foot. This presents a unique opportunity for businesses seeking a prime location in a thriving shopping center. The space is ready for immediate occupancy, allowing for a swift and efficient transition. Don't miss this chance to establish your business in a high-demand area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 97,293 SF
Lot 9.71 ac (423,098 SF)
APN 045A7 A 008
UPID US87-2275518
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Food Lion Grocery & Convenience Store Food Market
  • Western Union Bank Credit Union
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Primo Water Exchange Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.29M
Blend (final) Blend
$5.44M
Owner & transaction history
Shenandoah Investors LLC · 9 yrs held
Shenandoah Investors LLC
since 2016
2 recorded transactions
2016
$6.3M
2006
$5.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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