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Advance Auto Parts Retail Space
For Sale
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20061 Riverside Drive, Grundy, VA 24614

The retail offering includes a 10-year extension and a 6.75% CAP rate.

Property Size7,000 SF
Days on Market144

Property Features for 20061 Riverside Drive

General Information

Standard status Active
Size 7,000 SF
Property subtype Retail

Additional Details

Cap Rate 6.75%
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:24AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This retail space comprises 7,000 SF associated with Advance Auto Parts. The offering includes a 10-year extension and reflects a 6.75% CAP rate.

The property is located at 20061 Riverside Drive in Grundy, Virginia 24614. Its retail classification and established occupant name provide the primary identifying details for the offering.

Key Highlights

  • Advance Auto Parts retail space
  • 7,000 SF retail property
  • 6.75% CAP rate

Property Analytics

Current Use

Advance Auto Parts Auto Parts Store

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Building Supply Barber Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Advance Auto Parts Shops & Services
5,012 visits/mo 0.1 miles

Demographics for 24614, VA

7,252
Population
3,680
Households
2
Avg Household Size
47
Median Age
11%
College-Educated
80%
High-School Grad
132.3 sq mi
ZIP Area
55
Density / Sq Mi
$40,000
Median Household Income
$29,479
Median Earnings
$777
Median Rent
$117,700
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
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Frequently Asked Questions

What type of property is this?
Retail space - The retail offering includes a 10-year extension and a 6.75% CAP rate.
Where is this retail space located?
The property is located at 20061 Riverside Drive Grundy, VA.
What are key features of this property?
This property features: Advance Auto Parts retail space; 7,000 SF retail property; 6.75% CAP rate
(858) 373-3100 Call to check price and availability
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