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Retail Center Anchored by Ashley & Ollie's
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122-124 Waller Mill Rd, Williamsburg, VA 23185

Multi-tenant retail center with inline space availability, outdoor garden space, and outparcel opportunities near I-64.

Property Size1,200 SF
Days on Market729

Property Features for 122-124 Waller Mill Rd

General Information

Standard status Active
Size 1,200 SF
Property subtype RETAIL

Site & Location

Anchor Co-Tenants ashley furniture, ollie's bargain outlet, locke supply
Traffic Count 22,000 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

outside garden area

Building Details

Tenancy Multi
Listing Agency: The Shopping Center Group | Newport News
Listed By: Debra Ramey · License #VA 140281
Source: Moodyscre
Added: Aug 2, 2024 Changed: Jul 30 Last Checked: Jul 31 at 8:10AM

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 The Shopping Center Group | Newport News

Investment Insights

Based on property information with market context.

This retail center is anchored by Ashley Furniture, Ollie’s Bargain Outlet, and Locke Supply. Renovation and redevelopment are underway, with available inline retail space ranging from 1,200 SF to 2,000 SF. An outside garden area is also available.

The property is easily accessible from I-64 and Richmond Rd (Route 60). Outparcel opportunities are available for sale or for lease: 0.78 ac and 0.63 ac. Bypass Rd (RT 60) traffic counts are 22,000 AADT.

With multiple anchored tenants and an active redevelopment program, the shopping center offers flexible options for users seeking inline retail space or considering outparcel development.

Key Highlights

  • Anchored by Ashley Furniture, Ollie’s Bargain Outlet, and Locke Supply
  • Inline retail space available from 1,200 SF to 2,000 SF
  • Renovation and redevelopment underway

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Dental Office Electrical Service Kitchen & Bath Showroom

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

22,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
339k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 23% Apparel 13% Hotels & Casinos 8%
Marshalls Apparel
33,515 visits/mo 0.5 miles
Cracker Barrel Old Country Store Dining
26,287 visits/mo 0.2 miles
Ollie's Bargain Outlet Shops & Services
20,251 visits/mo 0.2 miles
Golden Corral Dining
20,185 visits/mo 0.2 miles
Staples Office Supplies
18,046 visits/mo 0.4 miles

Demographics for 23185, VA

51,566
Population
22,879
Households
2.3
Avg Household Size
40
Median Age
52%
College-Educated
94%
High-School Grad
57.2 sq mi
ZIP Area
902
Density / Sq Mi
$103,507
Median Household Income
$40,724
Median Earnings
$1,425
Median Rent
$413,500
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
Rey
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Similar Off Market Nearby

  • Kingsgate Green — 118 Waller Mill Rd, Williamsburg, VA 23185
  • Midtown Row — 1260 richmond rd, williamsburg, va 23185
  • The Shops at High Street — 1430 High St, Williamsburg, VA 23185
  • Coinstar Kiosk | Bitcoin ATM — Food Lion, 1234 Richmond Rd, Williamsburg, VA 23185

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with inline space availability, outdoor garden space, and outparcel opportunities near I-64.
Where is this shopping center located?
The property is located at 122-124 Waller Mill Rd Williamsburg, VA.
What are key features of this property?
This property features: Anchored by Ashley Furniture, Ollie’s Bargain Outlet, and Locke Supply; Inline retail space available from 1,200 SF to 2,000 SF; Renovation and redevelopment underway
(757) 722-2500 Call to check price and availability
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