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    302 Main St Pearisburg, VA 24134

    Sponsored
    For Lease
    $9 SF/Yr

    Pearisburg, VA Shopping Center - 97,798 SF

    Lot size:
    97,798 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Main Street Plaza, located at 302 N Main St, Pearisburg, VA 24134, presents a prime retail investment opportunity. This multi-tenant shopping center boasts a total of 97,798 square feet, currently offering 33,783 square feet of vacant space ideal for expansion or new tenants. The available spaces range in size from 9,000 to 23,182 square feet, providing flexibility for various retail concepts. The property's strategic location in Pearisburg, Virginia, offers excellent visibility and accessibility for customers. The property type is classified as Retail, specifically a Shopping Center. Its prime location on Main Street ensures high foot traffic and strong potential for business growth. This is an exceptional opportunity to acquire a well-situated retail property in a thriving community. The substantial vacant space allows for significant customization and tenant mix diversification. With its considerable size and strategic location, Main Street Plaza offers a compelling investment prospect for those seeking a strong return in the Virginia retail market. The property's address is easily accessible and visible from Main Street, ensuring high visibility for potential tenants. The available space presents a unique opportunity to establish a significant retail presence in the Pearisburg area. This is a rare opportunity to acquire a substantial retail space in a desirable location.

    Property Features for 302 Main St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    97,798 SF
    Total Rate
    73348.5

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    9,000 SF
    Rate per SF
    $11
    Space
    Available Space 2
    Size
    23,182 SF
    Rate per SF
    $9

    HighLights

    • 23,182± SF retail space available, adjacent to Tractor Supply.
    • 1,600± SF retail space available.
    • 9,000± SF retail space available, adjacent to Food Lion.
    • 0.86± acre pad site available, adjacent to inline shops.
    • 0.482± acre outparcel available in front of strip center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Food Lion Grocery Store Redbox Movie Rental Kiosk Western Union Money Transfer Service Primo Water Exchange Bottled Water Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pearisburg
    County
    Giles
    State
    Virginia
    Longitude
    -80.7357718
    Latitude
    37.3306089

    Nearby Comparable

    • $11 SF/Yr
      97,798 SF

      Main Street Plaza Retail Center

      Giles County Shopping Center - Spaces Available
      302 Main St, Pearisburg, VA 24134
      View Details
    • Contact for pricing

      Retail Spaces and Pad Sites

      Retail spaces and pad sites available for lease.
      N Main St, Pearisburg, VA 24134
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      Retail Space and Pad Sites

      Retail spaces and pad sites available for lease.
      Main St, Pearisburg, VA 24134
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      9,000 SF

      Pearisburg Retail Space Available

      Retail spaces and pad sites available in Pearisburg, Virginia.
      302-322 N Main St, Pearisburg, VA 24134
      View Details
    • Contact for pricing
      1,770 SF

      Retail Space Near Walmart

      Retail space available near Walmart Supercenter in Pearisburg, VA.
      120-154 Kinter Way, Pearisburg, VA 24134
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      8,320 SF

      Freestanding Retail Space Near University

      Freestanding retail space in main corridor, near Radford University.
      800 W Main St, Radford, VA 24141
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    • $10 SF/Yr
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      Radford Office Space For Rent

      Office space for rent near Radford University and Main Street.
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      Office Space Near Virginia Tech

      Office suites with natural light, near Virginia Tech campus.
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      Radford Industrial Space - 100,000 SF

      Prime Radford warehouse & cold storage. I-81 Corridor location.
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      28,500 SF

      Retail Space Near Virginia Tech

      Retail space for lease near Virginia Tech's Drill Field.
      300 Turner St NE, Blacksburg, VA 24060
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      Downtown Blacksburg Office Space Available

      Open office space with modern amenities in downtown Blacksburg.
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    • $20 SF/Yr
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      Food City Shops: Pulaski, VA

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    Nearby Similar for Lease

    • $11 SF/Yr
      97,798 SF

      Main Street Plaza Retail Center

      Giles County Shopping Center - Spaces Available
      302 Main St, Pearisburg, VA 24134
      View Details
    • Contact for pricing
      9,000 SF

      Pearisburg Retail Space Available

      Retail spaces and pad sites available in Pearisburg, Virginia.
      302-322 N Main St, Pearisburg, VA 24134
      View Details
    • Contact for pricing
      1,770 SF

      Retail Space Near Walmart

      Retail space available near Walmart Supercenter in Pearisburg, VA.
      120-154 Kinter Way, Pearisburg, VA 24134
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Pearisburg, VA Shopping Center - 97,798 SF
    Where is this lifestyle center located?
    The property is located at 302 Main St Pearisburg, VA.
    What is the lease rate?
    The lease rate is $9-$11 SF/Yr.
    What are key features of this property?
    This property features: 23,182± SF retail space available, adjacent to Tractor Supply.; 1,600± SF retail space available.; 9,000± SF retail space available, adjacent to Food Lion.
    Request Owner's contact information
    302 Main St Pearisburg, VA 24134
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    Pearisburg, VA 24134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    302 Main St Pearisburg, VA 24134
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