Building Details

Tenancy Multi

Listing Agency: Earl Webb Real Estate b***@btes.tv Show Phone

Listed By: William Hall · License #00289940 Show Phone

Source: Exprealty

Added: Jan 12 Changed: Aug 29 Last Checked: Aug 29 at 5:52PM

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Investment Insights

Based on property information with market context.

Food City Center in Damascus offers two available commercial suites measuring 2,400 and 1,200 square feet, for a combined 3,600 square feet. The spaces can accommodate retail, office, or restaurant uses, and the property may be subdivided.

The center is located at 736 N Beaver Dam Ave in Damascus, Virginia. Its shopping center setting provides exposure to passing traffic, with the available suites positioned within the Food City Center development.

Key Highlights

• Two available suites measuring 2400 SF and 1200 SF
• Combined available space totals 3600 square feet
• Retail, office, and restaurant uses are supported

Property Analytics

Property Profile

Current Use

Food City Grocery & Convenience Store Daisy Bell Children's ... Discount Store Triplett Mill Business Service Center Western Union Bank Food City Gas ... Gas Station

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Furniture & Home Goods Auto Repair Shop Parking Lot & Garage

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

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

11k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 96% Dining 4%

Food City Groceries

10,334 visits/mo 0.1 miles

Pizza Plus Dining

414 visits/mo 0.0 miles

Demographics for 24236, VA

2,984

Population

1,716

Households

1.7

Avg Household Size

49

Median Age

19%

College-Educated

81%

High-School Grad

59.9 sq mi

ZIP Area

50

Density / Sq Mi

$33,846

Median Household Income

$29,981

Median Earnings

$728

Median Rent

$139,300

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

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Two available suites support retail, office, or restaurant uses, with subdivision available for flexible space planning.

Where is this shopping center located?

The property is located at 736 N Beaver Dam Ave Damascus, VA.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Two available suites measuring 2400 SF and 1200 SF; Combined available space totals 3600 square feet; Retail, office, and restaurant uses are supported