Shopping Center with Development
For Sale
Contact for pricing
Pending
167 Junction Dr, Ashland, VA 23005
Retail center with existing outparcels, additional development capacity, and recently upgraded parking-lot lighting.
Property SizeContact for details
Days on Market141
Property Features for 167 Junction Dr
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Palomar Real Estate Group
Listed By:
Ryan McArdle · License #GA 319111
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 5:07PM
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 Palomar Real Estate Group
Investment Insights
Based on property information with market context.
This shopping center includes existing outparcels prepared for development, along with the ability to add further outparcel improvements within the center. Food Lion occupies a dark-box space and continues to pay rent under an arrangement renewed in 2019 at the previously scheduled rent.
The property also offers flexibility to explore an alternative use for the Food Lion box. LED lighting was recently installed throughout the parking lot, providing an updated site feature for the center.
The property also offers flexibility to explore an alternative use for the Food Lion box. LED lighting was recently installed throughout the parking lot, providing an updated site feature for the center.
Key Highlights
- Existing outparcels are ready for development
- Additional outparcel development capacity within the center
- Food Lion pays rent on the dark box
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
625k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 27%
Superstores 12%
Groceries 5%
Walmart
Superstores
76,709 visits/mo
0.4 miles
Wawa
Shops & Services
63,617 visits/mo
0.4 miles
Chick-fil-A
Dining
61,892 visits/mo
0.3 miles
McDonald's
Dining
32,449 visits/mo
0.4 miles
Food Lion Grocery Store
Groceries
30,208 visits/mo
0.5 miles
Demographics for 23005, VA
17,818
Population
7,639
Households
2.3
Avg Household Size
41
Median Age
41%
College-Educated
93%
High-School Grad
69.3 sq mi
ZIP Area
257
Density / Sq Mi
$90,049
Median Household Income
$43,623
Median Earnings
$1,236
Median Rent
$376,400
Median Home Value
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
- Ashland Town Center — England St, Ashland, VA 23005
- Ashland Hanover Shopping Center — 251 N Washington Hwy, Ashland, VA 23005
- Coinstar Kiosk - Bitcoin ATM — Food Lion, 253 N Washington Hwy, Ashland, VA 23005
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with existing outparcels, additional development capacity, and recently upgraded parking-lot lighting.
Where is this shopping center located?
The property is located at 167 Junction Dr Ashland, VA.
What are key features of this property?
This property features: Existing outparcels are ready for development; Additional outparcel development capacity within the center; Food Lion pays rent on the dark box
