Listing Agency: Interstate Show Phone

Listed By: Tommy Perrigan Show Phone

Source: Moodyscre

Added: Apr 23, 2025 Changed: Jul 26 Last Checked: Jul 26 at 2:13AM

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Investment Insights

Based on property information with market context.

This versatile retail space is offered for lease and positioned for strong storefront exposure. The property includes ample parking intended for both tenants and customers, supporting day-to-day retail operations.

The building benefits from high visibility on East Main Street and is described as having excellent foot traffic for maximum exposure.

Suitable for a range of retail uses, the space provides a straightforward option for businesses seeking a visible, customer-friendly location with convenient parking.

Key Highlights

• Retail space with high visibility on East Main Street
• Ample parking for tenants and customers
• Versatile space suitable for various business types

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Repair Shop Butcher

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

NNN (Triple Net)

Lease Type

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

190

Businesses Nearby

25k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 72% Shops & Services 15% Dining 9% Electronics 4%

Food City Groceries

14,783 visits/mo 0.4 miles

Virginia ABC Groceries

3,267 visits/mo 0.4 miles

SUBWAY Dining

2,365 visits/mo 0.4 miles

Citgo Shops & Services

2,306 visits/mo 0.5 miles

Dollar General Shops & Services

1,422 visits/mo 0.4 miles

Demographics for 24348, VA

4,725

Population

2,414

Households

2

Avg Household Size

47

Median Age

14%

College-Educated

83%

High-School Grad

101.9 sq mi

ZIP Area

46

Density / Sq Mi

$42,408

Median Household Income

$36,195

Median Earnings

$621

Median Rent

$146,200

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with high visibility on East Main Street and ample parking for customers.

Where is this retail space located?

The property is located at 568-588 E Main St Independence, VA.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Retail space with high visibility on East Main Street; Ample parking for tenants and customers; Versatile space suitable for various business types