Mattress Firm Retail Investment
For Sale
Contact for pricing
230 Commonwealth Dr, Wytheville, VA 24382
Freestanding Mattress Firm at I-81 & I-77 crossroads.
Property Size4,400 SF
Price / SF$431.82
Days on Market178
Property Features for 230 Commonwealth Dr
General Information
Standard status
Active
Size
4,400 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
Business (retail)
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$121,440
Building Details
Year Built
2015
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Net Net Net Realty
Listed By:
Paul Marsteller · License #01944875
Source:
Crexi
Added: Mar 6
Changed: Aug 26
Last Checked: Aug 28 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 Net Net Net Realty
Investment Insights
Based on property information with market context.
This is a freestanding, NN-leased, corporate Mattress Firm location situated at the entrance of the Wytheville Commons, a regional power center anchored by Walmart Supercenter and Lowe's. The property is located at the crossroads of I-81 and I-77. The store, built-to-suit for Mattress Firm in 2015, has a size of 4400 square feet and includes 20 exclusive parking spaces in front. The center includes over 20 other national and regional retail and quick-service restaurants. The nearest other Mattress Firm store is 47 miles away. A Dunkin' is coming soon a few doors away, which will be a big draw from I-81 and I-77. A lease term extension is currently pending. This is the only power center in the region.
Key Highlights
- NN‑leased corporate MATTRESS FIRM at entrance of dominant regional Walmart/Lowe’s power center (Wytheville Commons) at I‑81 & I‑77 crossroads.
- Strong‑performing Mattress Firm store; Nearest other Mattress Firm store is 47 miles away.
- Center anchored by Walmart Supercenter, Lowe’s, with 20+/- other national/regional retail/QSRs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
Explore this area
Business Placement
Demographics for 24382, VA
14,109
Population
7,682
Households
1.8
Avg Household Size
46
Median Age
23%
College-Educated
88%
High-School Grad
189.9 sq mi
ZIP Area
74
Density / Sq Mi
$52,234
Median Household Income
$38,208
Median Earnings
$706
Median Rent
$167,300
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?
Retail space - Freestanding Mattress Firm at I-81 & I-77 crossroads.
Where is this retail space located?
The property is located at 230 Commonwealth Dr Wytheville, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: NN‑leased corporate MATTRESS FIRM at entrance of dominant regional Walmart/Lowe’s power center (Wytheville Commons) at I‑81 & I‑77 crossroads.; Strong‑performing Mattress Firm store; Nearest other Mattress Firm store is 47 miles away.; Center anchored by Walmart Supercenter, Lowe’s, with 20+/- other national/regional retail/QSRs.
