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Single-Tenant Grocery Property
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111 Seminole Dr, Madison Heights, VA 24572

Food Lion is identified as the tenant under a net lease structure.

Property SizeContact for details
Days on Market143

Property Features for 111 Seminole Dr

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Cleeman Realty Group
Listed By: Michael Cleeman · License #NY 10491206986
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 11:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cleeman Realty Group

Investment Insights

Based on property information with market context.

This grocery property is identified as a single-tenant Food Lion location under a net lease structure. The property is located at 111 Seminole Dr in Madison Heights, Virginia 24572.

Key Highlights

  • Food Lion identified as the single tenant
  • Net lease structure
  • Located at 111 Seminole Dr, Madison Heights, VA 24572

Property Analytics

Current Use

Primo Water Exchange Big Box & Wholesale Store Coinstar Kiosk | Bitcoin ... Atm Food Lion Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Electrical Service Plumbing Service Storage Facility

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby
138k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 10% Superstores 9% Groceries 9%
McDonald's Dining
21,559 visits/mo 0.3 miles
Starbucks Dining
14,127 visits/mo 0.3 miles
Big Lots Superstores
12,869 visits/mo 0.2 miles
Food Lion Grocery Store Groceries
12,391 visits/mo 0.0 miles
Wendy's Dining
12,247 visits/mo 0.4 miles

Demographics for 24572, VA

16,399
Population
7,415
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
66.3 sq mi
ZIP Area
247
Density / Sq Mi
$64,158
Median Household Income
$41,732
Median Earnings
$837
Median Rent
$187,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Food Lion is identified as the tenant under a net lease structure.
Where is this grocery and convenience store located?
The property is located at 111 Seminole Dr Madison Heights, VA.
What are key features of this property?
This property features: Food Lion identified as the single tenant; Net lease structure; Located at 111 Seminole Dr, Madison Heights, VA 24572
More about this property
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