Retail Center on Kings
For Sale
Contact for pricing
17272 Kings Hwy, Montross, VA 22520
Well-maintained retail center with value-add potential in Montross, VA.
Property Size11,000 SF
Price / SF$104.55
Days on Market105
Property Features for 17272 Kings Hwy
General Information
Standard status
Active
Size
11,000 SF
Property subtype
RETAIL
Listing Agency:
CBC Brooks Real Estate
(804) 366-2754
Listed By:
David Burks
Source:
Moodyscre
Added: May 20
Changed: Aug 8
Last Checked: Aug 30 at 11:29PM
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 CBC Brooks Real Estate
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
Property Profile
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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 $1,150,000.
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.
