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Kroger Shopping Center
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1935 Electric Rd SW, Salem, VA 24153

Retail center located on Electric Road in Salem, Virginia.

Space Size336 SF - 1,400 SF
Property Size73,000 SF
Days on Market1115

Property Features for 1935 Electric Rd SW

General Information

Standard status Active
Size 336 SF - 1,400 SF
Property subtype Retail

Additional Details

Space Use Retail

Building Details

Building Size 73,000 SF
Tenancy Multiple

Spaces For Lease

at 1935 Electric Rd SW Contact us

Suite 50

Size
1,400 SF
Type
Retail
Availability
Active
Contact us

Suite 70

Size
336 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Midland Atlantic Properties Cincinnati
Listed By: Kyle Nageleisen · License #OH 2008001076
Source: Crexi
Added: Aug 14, 2023 Changed: Aug 31 Last Checked: Aug 31 at 8:39PM

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 Midland Atlantic Properties Cincinnati

Investment Insights

Based on property information with market context.

This shopping center contains 73,000 square feet and is identified with a Kroger retail operation. The property is available for rent at 1935 Electric Rd SW in Salem, Virginia 24153.

Key Highlights

  • 73,000 square feet of retail space
  • Kroger retail center
  • Located at 1935 Electric Rd SW, Salem, VA 24153

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop Restaurant Auto Parts Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby
Balanced
Demand for This Use

Demographics for 24153, VA

38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
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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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Mid Atlantic, 1925 Electric Rd, Salem, VA 24153
  • Ridgewood Farms Shopping Center 1923 Electric Rd, Salem, VA 24153
  • Valley Commons 1796 Apperson Dr, Salem, VA 24153

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center located on Electric Road in Salem, Virginia.
Where is this shopping center located?
The property is located at 1935 Electric Rd SW Salem, VA.
What are key features of this property?
This property features: 73,000 square feet of retail space; Kroger retail center; Located at 1935 Electric Rd SW, Salem, VA 24153
(513) 587-6167 Call to check price and availability
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