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    125 Clarion Rd Altavista, VA 24517

    For Lease
    Contact for pricing

    Prime Walmart-shadowed retail center in Altavista, VA.

    Lot size:
    28,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Altavista Commons, a 28,010 square foot neighborhood retail center in Altavista, Virginia, offers exceptional opportunities for businesses seeking high-traffic locations. This 2007-built center boasts a prominent position on Clarion Road, conveniently situated off US Route 29, a major thoroughfare with 14,000 vehicles passing daily. The center benefits from its strategic location within Campbell County, serving as the only Walmart Supercenter in the area, drawing customers from a 15-mile radius. This prime location is also within the Lynchburg MSA, just 25 miles south of Lynchburg and 43 miles north of Danville. Currently, 28,011 square feet of space is available, with units ranging from a minimum of 1,392 square feet to a maximum contiguous space of 8,022 square feet. The center provides ample parking with 148 spaces. Strong co-tenancy includes established businesses such as Taste of Italy, Virginia ABC, Dollar Tree, Lendmark, Sprint, Great Clips, and Pizza Hut. This vibrant retail center presents a unique chance to establish or expand your business in a thriving community. The property is located at 125 Clarion Rd, Altavista, VA 24517.

    Property Features for 125 Clarion Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,010 SF

    Building Details

    Year Built
    2007

    Unit(s) available at that property

    Space
    Suite 16
    Size
    4,805 SF

    HighLights

    • Walmart Supercenter anchored center.
    • Strong tenant mix including Dollar Tree, Pizza Hut, T‑Mobile, and Great Clips.
    • 28,010 square foot building, constructed in 2007.
    • Ample parking with a 5.28/1,000 SF ratio.
    • High traffic location with 14,470 vehicles per day on Wards Rd/US 29.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop Walmart Business Center Computer Service Primo Water Refill ... Bottled Water Supplier Walmart Supercenter Department Store Walmart Vision & Glasses Optician

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Nail Salon Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Altavista
    County
    Campbell
    State
    Virginia
    Longitude
    -79.269957
    Latitude
    37.1432591

    Nearby Comparable

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    Nearby Similar for Lease

    • Contact for pricing
      26,500 SF

      Industrial Facility on US Route 29

      26,500 SF warehouse with office space for lease.
      2425 Wards Rd, Altavista, VA 24517
      View Details
    • $11 SF/Yr
      7,200 SF

      Altavista Retail Center - 7200 SF

      Prime Retail Space, High Visibility, VA
      2600 Dearing Ford Rd, Altavista, VA 24517
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Walmart-shadowed retail center in Altavista, VA.
    Where is this neighborhood center located?
    The property is located at 125 Clarion Rd Altavista, VA.
    What are key features of this property?
    This property features: Walmart Supercenter anchored center.; Strong tenant mix including Dollar Tree, Pizza Hut, T-Mobile, and Great Clips.; 28,010 square foot building, constructed in 2007.
    Request Owner's contact information
    125 Clarion Rd Altavista, VA 24517
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    Altavista, VA 24517
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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
    125 Clarion Rd Altavista, VA 24517
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