Retail Space For
For Sale
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258 W LEE HWY, Chilhowie, VA 24319
9,000 SqFt retail space with 6.40% CAP rate.
Property Size9,000 SF
Price / SF$169.44
Days on Market217
Property Features for 258 W LEE HWY
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Retail
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$97,642
Building Details
Year Built
2021
Units
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners
Listed By:
Andrew Fallon · License #PA RSR006585
(202) 286-1542
Source:
Crexi
Added: Mar 27
Changed: Oct 27
Last Checked: Oct 28 at 7:50AM
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 SRS Real Estate Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 9,000 square foot retail space available for sale. The property has a capitalization rate of 6.40%.
Key Highlights
- 6.40% CAP Rate
- 9,000 SqFt Retail Space
- Built in 2021
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
114k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 27%
Groceries 19%
McDonald's
Dining
30,350 visits/mo
0.1 miles
Food City
Groceries
22,069 visits/mo
0.3 miles
Exxon
Shops & Services
18,316 visits/mo
0.2 miles
Hardee's
Dining
15,950 visits/mo
0.3 miles
Taco Bell
Dining
11,568 visits/mo
0.3 miles
Demographics for 24319, VA
6,500
Population
3,100
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
89%
High-School Grad
62.4 sq mi
ZIP Area
104
Density / Sq Mi
$49,140
Median Household Income
$39,216
Median Earnings
$775
Median Rent
$145,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - 9,000 SqFt retail space with 6.40% CAP rate.
Where is this retail space located?
The property is located at 258 W LEE HWY Chilhowie, VA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 6.40% CAP Rate; 9,000 SqFt Retail Space; Built in 2021
