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Retail Center with Corporate Tenant
For Sale
Contact for pricing
Pending

181 Plaza Rd SW, Wise, VA 24293

The property includes a 2021 roof with warranty coverage extending through 2036.

Property SizeContact for details
Days on Market141

Property Features for 181 Plaza Rd SW

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Palomar Real Estate Group
Listed By: Steve Collins · License #GA 317459
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Apr 12 at 4:28PM

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 retail property is anchored by Tractor Supply, which has occupied the center since 2007 and expanded its footprint in 2021. Tractor Supply is identified as an investment grade corporate credit tenant, with S&P rating BBB and Moody’s rating Baa1, and its lease term extends until 2036. EZ Rentals also has a commitment to the location and operates 19 locations nationwide.

Property improvements include a roof installed in 2021 with warranty coverage through 2036. Parking lot lighting has been upgraded to LED, providing a recent site improvement for the retail center. The asset is located at 181 Plaza Rd SW in Wise, Virginia.

Key Highlights

  • Tractor Supply has occupied the center since 2007 and expanded in 2021
  • Tractor Supply lease term extends until 2036
  • Investment grade tenant ratings: S&P BBB and Moody’s Baa1

Property Analytics

Current Use

Tractor Supply Co. Pet Store & Service

Suggested Use

Top Pick Electrical Service Storage Facility Locksmith Bakery (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
254k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Home Improvements & Furnishings 19% Apparel 18% Groceries 14%
Food City Groceries
35,817 visits/mo 0.3 miles
McDonald's Dining
32,122 visits/mo 0.2 miles
Marshalls Apparel
29,033 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
28,355 visits/mo 0.2 miles
Ollie's Bargain Outlet Shops & Services
17,747 visits/mo 0.3 miles

Demographics for 24293, VA

9,442
Population
4,642
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
84%
High-School Grad
56.6 sq mi
ZIP Area
167
Density / Sq Mi
$53,970
Median Household Income
$36,643
Median Earnings
$801
Median Rent
$119,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The property includes a 2021 roof with warranty coverage extending through 2036.
Where is this retail space located?
The property is located at 181 Plaza Rd SW Wise, VA.
What are key features of this property?
This property features: Tractor Supply has occupied the center since 2007 and expanded in 2021; Tractor Supply lease term extends until 2036; Investment grade tenant ratings: S&P BBB and Moody’s Baa1
More about this property
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