Grocery-Anchored Retail
For Sale
Contact for pricing
1370-1380 E Main St, Wytheville, VA 24382
100% occupied grocery-anchored center with contractual rent growth and national credit tenants across grocery, pharmacy, and lifestyle retail.
Property Size87,964 SF
Price / SF$91.63
Days on Market66
Property Features for 1370-1380 E Main St
General Information
Standard status
Active
Size
87,964 SF
Property subtype
RETAIL
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Colliers | Fort Lauderdale
(954) 652-4600
Listed By:
Christopher Twist
(561) 602-8390
Source:
Moodyscre
Added: Jul 9
Changed: Sep 11
Last Checked: Sep 12 at 10:35AM
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 Colliers | Fort Lauderdale
Investment Insights
Based on property information with market context.
This grocery-anchored retail center is 100% occupied and supported by longstanding Food Lion tenancy of 45+ years. The property’s income profile is further underwritten by contractual rent growth included across major leases, designed to provide NOI increases without re-leasing risk. Ongoing tenant durability is supported by renewal options extending to 2055 backed by Ahold Delhaize credit.
The tenant mix includes three national credit tenants that collectively generate over 72% of base rent across grocery, pharmacy, and rural lifestyle retail. Tractor Supply recently extended its lease through 2037 and invested $200,000 in store capital improvements, reflecting long-term corporate commitment to the location.
Located at the I-81 and I-77 crossroads in Wytheville, Virginia, the center is positioned to capture regional traffic from two heavily traveled Mid-Atlantic interstate corridors.
The tenant mix includes three national credit tenants that collectively generate over 72% of base rent across grocery, pharmacy, and rural lifestyle retail. Tractor Supply recently extended its lease through 2037 and invested $200,000 in store capital improvements, reflecting long-term corporate commitment to the location.
Located at the I-81 and I-77 crossroads in Wytheville, Virginia, the center is positioned to capture regional traffic from two heavily traveled Mid-Atlantic interstate corridors.
Key Highlights
- 100% occupied grocery‑anchored center with contractual rent growth built into every major lease
- Food Lion has 45+ years of continuous occupancy and $10.2 million in annual store sales
- 1.84% rent to sales ratio and renewal options extending to 2055 backed by Ahold Delhaize credit
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 24382, VA
14,109
Population
7,682
Households
1.8
Avg Household Size
46
Median Age
23%
College-Educated
88%
High-School Grad
189.9 sq mi
ZIP Area
74
Density / Sq Mi
$52,234
Median Household Income
$38,208
Median Earnings
$706
Median Rent
$167,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 1380 E Main St, Wytheville, VA 24382
Frequently Asked Questions
What type of property is this?
Shopping center - 100% occupied grocery-anchored center with contractual rent growth and national credit tenants across grocery, pharmacy, and lifestyle retail.
Where is this shopping center located?
The property is located at 1370-1380 E Main St Wytheville, VA.
What is the asking price?
The asking price for this property is $8,060,550.
What are key features of this property?
This property features: 100% occupied grocery‑anchored center with contractual rent growth built into every major lease; Food Lion has 45+ years of continuous occupancy and $10.2 million in annual store sales; 1.84% rent to sales ratio and renewal options extending to 2055 backed by Ahold Delhaize credit
