Property profile

50 Firstwatch Dr Moneta, VA 24121

OFF-MARKET
Commercial real estate
22,134 SF 3.76 ac lot Built 2008
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully occupied, 22,134 square foot retail center nestled within the vibrant Lakewatch Plantation community in Moneta, Virginia. The property boasts seven diverse retail spaces, currently leased to a strong tenant mix including The Copper Kettle Co. Restaurant, City Electric Supply, PAC Interiors, Domino's Pizza, Body 4 U, and Farmhouse Catering & Meals To Go, ensuring a consistent income stream. Situated on a 3.76-acre lot, the center offers ample parking with 116 spaces to accommodate customers and employees. The property benefits from public water and sewer services, simplifying operations and maintenance. Lakewatch Plantation itself is a thriving community spanning approximately 479 acres, offering a variety of residential, commercial, and recreational amenities. Residents and visitors enjoy access to waterfront areas, a YMCA, and numerous other conveniences. The strategic location between Hales Ford Bridge and Westlake provides excellent accessibility, while proximity to Roanoke (23 miles) and Rocky Mount (17 miles) expands the potential customer base. This is a rare chance to acquire a high-performing retail center in a desirable and rapidly growing area. The gross leasable area totals 22,134 square feet, and the property is currently 100% occupied, providing immediate return on investment. Nearby amenities include Bojangles and Bank of Botetourt, further enhancing the location's appeal.

Property profile

Verified
Property type Commercial real estate
Year built 2008
Total area 22,134 SF
Lot 3.76 ac (163,786 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50 Firstwatch Dr Moneta, VA 24121
Moneta metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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