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Apple Market Convenience Store
For Sale
Contact for pricing
Pending

9005 Wards Rd, Rustburg, VA 24588

Freestanding grocery and convenience retail asset subject to an absolute NNN lease structure.

Property SizeContact for details
Days on Market142

Property Features for 9005 Wards Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:59AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

Apple Market is a grocery and convenience retail property at 9005 Wards Road in Rustburg, Virginia. The improvements comprise approximately 3,815 rentable square feet on an estimated 1.54-acre parcel, providing a freestanding commercial site for the operating store.

The property is leased under a 20-year absolute triple-net structure, with zero landlord responsibilities identified in the lease terms. Base-term rent is scheduled to increase 1.50% annually, followed by two 10-year renewal options. The address is 9005 Wards Rd, Rustburg, VA 24588.

Key Highlights

  • 3,815 rentable square feet on an estimated 1.54‑acre parcel
  • 20‑year absolute triple‑net lease
  • Zero landlord responsibilities under the lease structure

Property Analytics

Current Use

bp Car Wash Hunt Brothers Pizza Restaurant Apple Market Grocery & Convenience Store ATM (Apple Market) Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick Storage Facility Garden Center Auto Repair Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Royal Farms Shops & Services
26,935 visits/mo 0.1 miles
BP Shops & Services
4,204 visits/mo 0.1 miles

Demographics for 24588, VA

9,196
Population
4,049
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
72.1 sq mi
ZIP Area
128
Density / Sq Mi
$68,869
Median Household Income
$40,174
Median Earnings
$688
Median Rent
$204,300
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Freestanding grocery and convenience retail asset subject to an absolute NNN lease structure.
Where is this grocery and convenience store located?
The property is located at 9005 Wards Rd Rustburg, VA.
What are key features of this property?
This property features: 3,815 rentable square feet on an estimated 1.54‑acre parcel; 20‑year absolute triple‑net lease; Zero landlord responsibilities under the lease structure
(332) 345-4222 Call to check price and availability
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