Building Details

Year Renovated 2022

Tenancy Single

Listing Agency: Twin Rivers Capital Real Estate Development

Listed By: Joe Boyd · License #SC

Source: Crexi

Added: Nov 29, 2022 Changed: Aug 23 Last Checked: Sep 7 at 9:29AM

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Investment Insights

Based on property information with market context.

This commercial property, renovated in 2022, is a freestanding retail building with 15,730 square feet of rentable area, situated on a 1.25-acre lot. The property is zoned C-Commercial and includes 27 parking spaces. The ownership is fee simple, encompassing both the land and the building. The tenant is Family Dollar Stores of Virginia, LLC, under a corporate guaranty NN lease.

Key Highlights

• Corporate Guaranty (Family Dollar Stores of Virginia, LIC)
• NN Lease Type
• Renovated in 2022

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Auto Repair Shop Garden Center (Bike/Boat/Book/etc) 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

110

Businesses Nearby

30k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 51% Groceries 42% Dining 7%

Food Lion Grocery Store Groceries

12,618 visits/mo 0.1 miles

Dollar General Shops & Services

6,028 visits/mo 0.2 miles

Dollar Tree Shops & Services

5,113 visits/mo 0.1 miles

Marathon Petroleum Shops & Services

4,167 visits/mo 0.4 miles

SUBWAY Dining

2,037 visits/mo 0.2 miles

Demographics for 23974, VA

4,700

Population

2,100

Households

2.2

Avg Household Size

44

Median Age

8%

College-Educated

74%

High-School Grad

88.4 sq mi

ZIP Area

53

Density / Sq Mi

$48,769

Median Household Income

$38,750

Median Earnings

$780

Median Rent

$131,100

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 grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Freestanding renovated retail property with corporate guaranty tenant.

Where is this grocery and convenience store located?

The property is located at 931 Main St Victoria, VA.

What is the asking price?

The asking price for this property is $1,395,896.

What are key features of this property?

This property features: Corporate Guaranty (Family Dollar Stores of Virginia, LIC); NN Lease Type; Renovated in 2022