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Retail Center on Greensboro Road
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2801 Greensboro Rd, Martinsville, VA 24112

11,475 SF retail center on primary retail corridor.

Space Size1,350 SF - 6,075 SF
Property Size11,475 SF
Days on Market1158

Property Features for 2801 Greensboro Rd

General Information

Standard status Active
Size 1,350 SF - 6,075 SF
Class A
Total Parking Spaces 114
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 11,475 SF
Year Built 2007
Tenancy Multiple

Spaces For Lease

at 2801 Greensboro Rd Contact us

6,075 sf - Retail/Office Space Available

Size
6,075 SF
Availability
Active
Contact us

1,350 sf - Retail/Office Space Available

Size
1,350 SF
Availability
Active
Contact us
Listing Agency: J & R Management
Listed By: Will Vaughn · License #VA 0225233601
Source: Crexi
Added: Jul 13, 2023 Changed: Sep 5 Last Checked: Sep 12 at 4:36AM

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 J & R Management

Investment Insights

Based on property information with market context.

This 11,475 square foot retail center is situated on Greensboro Road, a primary retail corridor in Martinsville, Virginia. The location benefits from an Average Annual Daily Traffic (AADT) count of 17,000. The shopping center's neighbors include an ABC store, a tobacco store, and an apparel retailer. Surrounding businesses comprise grocery stores, pharmacies, restaurants, retail establishments, and service providers.

Key Highlights

  • Located on Greensboro Road, a primary retail corridor.
  • High traffic location with an AADT of 17,000.
  • Sizeable retail center with 11,475 sf.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby
148k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 31% Dining 24% Groceries 19% Shops & Services 14%
Rural King Home Improvements & Furnishings
45,485 visits/mo 0.2 miles
McDonald's Dining
23,213 visits/mo 0.2 miles
Food Lion Grocery Store Groceries
22,596 visits/mo 0.2 miles
Big Lots Superstores
17,259 visits/mo 0.3 miles
Dollar Tree Shops & Services
9,471 visits/mo 0.2 miles

Demographics for 24112, VA

30,978
Population
15,999
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
86%
High-School Grad
151.3 sq mi
ZIP Area
205
Density / Sq Mi
$47,059
Median Household Income
$34,100
Median Earnings
$770
Median Rent
$119,200
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Southside Plaza 2808 Greensboro Rd, Martinsville, VA 24112
  • Coinstar Kiosk | Bitcoin ATM Food Lion, 2828 Greensboro Rd, Martinsville, VA 24112
  • Cloverleaf Shopping Center 2330 Greensboro Rd, Martinsville, VA 24112

Frequently Asked Questions

What type of property is this?
Shopping center - 11,475 SF retail center on primary retail corridor.
Where is this shopping center located?
The property is located at 2801 Greensboro Rd Martinsville, VA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Located on Greensboro Road, a primary retail corridor.; High traffic location with an AADT of 17,000.; Sizeable retail center with **11,475 sf.**
(276) 632-5325 Call to check price and availability
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