Retail Center on Kings
For Sale
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17272 Kings Hwy, Montross, VA 22520
Well-maintained retail center with value-add potential in Montross, VA.
Property Size11,000 SF
Price / SF$95.45
Days on Market365
Property Features for 17272 Kings Hwy
General Information
Standard status
Active
Size
11,000 SF
Class
B
Property subtype
Retail
Zoning
B-2
Occupancy
100%
Lease Type
NNN
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Brooks Real Estate
Listed By:
David Burks · License #VA
(804) 366-2754
Source:
Crexi
Added: Oct 18, 2025
Changed: Oct 11
Last Checked: Oct 16 at 6:13AM
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 Coldwell Banker Commercial Brooks Real Estate
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Investment Insights
Based on property information with market context.
This well-maintained retail center, located directly on Kings Highway in Montross, Virginia, presents a strong value-add investment opportunity. The property is currently 100% leased, with average rents of $8.88 per square foot, which is significantly below the market rate of $13 per square foot. This allows for immediate upside potential through rent adjustments as leases renew. An additional 3,500 square foot building in the rear is leased to a long-term machine shop tenant, providing further income stability. The property is situated within the historic Northern Neck and the county seat of Westmoreland County. The total property size is 11,000 square feet. This property combines steady current cash flow with substantial growth potential, making it an ideal acquisition for investors seeking both security and future appreciation.
Key Highlights
- 100% leased retail center providing immediate cash flow.
- Significant upside potential through rent adjustments (current rents significantly below market rate at $8.88/SF vs. $13/SF).
- Located directly on Kings Highway in Montross, VA, in the historic Northern Neck and county seat of Westmoreland County.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 16%
BP
Shops & Services
5,207 visits/mo
0.1 miles
Citgo
Shops & Services
4,628 visits/mo
0.2 miles
Krispy Krunchy Chicken
Dining
1,269 visits/mo
0.2 miles
SUBWAY
Dining
655 visits/mo
0.2 miles
Demographics for 22520, VA
5,659
Population
2,996
Households
1.9
Avg Household Size
52
Median Age
20%
College-Educated
85%
High-School Grad
96.5 sq mi
ZIP Area
59
Density / Sq Mi
$69,063
Median Household Income
$46,760
Median Earnings
$968
Median Rent
$242,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Well-maintained retail center with value-add potential in Montross, VA.
Where is this shopping center located?
The property is located at 17272 Kings Hwy Montross, VA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 100% leased retail center providing immediate cash flow.; Significant upside potential through rent adjustments (current rents significantly below market rate at $8.88/SF vs. $13/SF).; Located directly on Kings Highway in Montross, VA, in the historic Northern Neck and county seat of Westmoreland County.
