Two-Tenant Retail
For Sale
Contact for pricing
27 Commerce Ln, King William, VA 23086
Two-tenant retail building is fully occupied, anchored by Dollar General and leased to Hope In-Home Care.
Property SizeContact for details
Days on Market121
Property Features for 27 Commerce Ln
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
2009
Tenancy
Multi
Listing Agency:
Newmark Richmond
Listed By:
Will Bradley · License #VA 225194048
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:49PM
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 Newmark Richmond
Investment Insights
Based on property information with market context.
This 100% occupied two-tenant retail building was constructed in 2009 for corporate Dollar General. The property is anchored by Dollar General and also leased to Hope In-Home Care, which has occupied the site since 2014.
The building is located at 27 Commerce Ln in King William, Virginia, within the Richmond MSA. Public remarks indicate the Dollar General operates as one of only two grocers in a 13-mile radius, serving a rapidly growing rural community.
Dollar General has invested significantly in the location and recently re-committed long term by executing its first five renewal option four years in advance.
The building is located at 27 Commerce Ln in King William, Virginia, within the Richmond MSA. Public remarks indicate the Dollar General operates as one of only two grocers in a 13-mile radius, serving a rapidly growing rural community.
Dollar General has invested significantly in the location and recently re-committed long term by executing its first five renewal option four years in advance.
Key Highlights
- 100% occupied two‑tenant retail building leased to Dollar General and Hope In‑Home Care
- Dollar General location constructed in 2009 for corporate Dollar General
- Hope In‑Home Care has occupied the property since 2014
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Groceries 29%
Dining 26%
Home Improvements & Furnishings 11%
Food Lion Grocery Store
Groceries
26,281 visits/mo
0.3 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
15,588 visits/mo
0.1 miles
Tractor Supply Co.
Home Improvements & Furnishings
10,458 visits/mo
0.4 miles
Dollar General
Shops & Services
8,894 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,831 visits/mo
0.4 miles
Demographics for 23086, VA
3,416
Population
1,549
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
92%
High-School Grad
82.7 sq mi
ZIP Area
41
Density / Sq Mi
$82,244
Median Household Income
$49,792
Median Earnings
$983
Median Rent
$290,700
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?
Retail space - Two-tenant retail building is fully occupied, anchored by Dollar General and leased to Hope In-Home Care.
Where is this retail space located?
The property is located at 27 Commerce Ln King William, VA.
What are key features of this property?
This property features: 100% occupied two‑tenant retail building leased to Dollar General and Hope In‑Home Care; Dollar General location constructed in 2009 for corporate Dollar General; Hope In‑Home Care has occupied the property since 2014
