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    608 Trent St Norton, VA 24273

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Co-Tenancy near Rural King

    Lot size:
    23,145 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail co-tenancy opportunity is situated within the 229,527 square foot VA-KY Regional Shopping Center in Norton, Virginia. The center enjoys a prime location in an established retail corridor, directly off US Highway 23, boasting impressive daily traffic counts of 16,185 vehicles per day at the exit and 11,242 vehicles per day directly in front of the property. This ensures high visibility and significant foot traffic for your business. The space itself comprises 23,145 square feet (77' x 243'), offering ample room for a variety of retail uses. Benefit from the established presence of strong co-tenants including Rural King, United Grocery Outlet, and Cato. Enhance your brand visibility with an available anchor sign panel on the large shopping center monument sign at the main entrance. The location offers convenient access to a significant consumer base, further strengthened by its proximity to the University of Virginia's College at Wise, just six miles away. This presents a unique chance to establish a thriving retail presence in a dynamic and growing market. The property is available for immediate occupancy. This is a rare opportunity to join a successful shopping center with high traffic volume and strong co-tenants.

    Property Features for 608 Trent St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,145 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    23,145 SF

    HighLights

    • Retail co‑tenancy opportunity with Rural King, United Grocery Outlet, and Cato in Norton, VA.
    • Located in a 229,527 SF regional shopping center in an established retail corridor.
    • High traffic counts: 16,185 VPD at the exit and 11,242 VPD in front of the site.
    • Anchor sign panel available on the shopping center monument sign.
    • Six miles from the University of Virginia's College at Wise.
    • 23,145 SF available (77' x 243').
    Property Profile Location Intelligence

    Current Use by Public Records

    Optometry Group PLLC Optometrist Gary C. Hubbard, ... Optometrist Miller Barbara K ... Doctor Kiser w David ... Doctor Brett S. Compton, ... Doctor

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Norton
    County
    Wise
    State
    Virginia
    Longitude
    -82.604226782105
    Latitude
    36.940196396471

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    FAQs

    What type of property is this?
    Retail property - High-traffic Co-Tenancy near Rural King
    Where is this retail property located?
    The property is located at 608 Trent St Norton, VA.
    What are key features of this property?
    This property features: Retail co-tenancy opportunity with Rural King, United Grocery Outlet, and Cato in Norton, VA.; Located in a 229,527 SF regional shopping center in an established retail corridor.; High traffic counts: 16,185 VPD at the exit and 11,242 VPD in front of the site.
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    608 Trent St Norton, VA 24273
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    Norton, VA 24273
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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
    608 Trent St Norton, VA 24273
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