Property summary
This exceptional 1,300 square foot executive office space is part of the new Orchard Marketplace in Daleville, Virginia, a thriving commercial development. Located at 100 Market Center Way, this Class A, 2023-built property offers high visibility from Route 220, boasting over 27,000 AADT. The space is situated within a vibrant shopping center anchored by Food Lion, and neighbors include Dunkin’ Donuts, Jersey Mike’s Subs, and Ivy Rehab Physical Therapy, ensuring high foot traffic and strong synergy. A new Roadrunner Express car wash adjacent to the property further enhances visibility and accessibility. The building features one story and no elevators. This is a single remaining space in a building totaling 7,350 square feet, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 5,400 square feet. The overall development benefits from its location within Daleville (Botetourt Co.), a rapidly growing area with affluent demographics, strong job growth (including a 10.5% increase in manufacturing jobs since 2016), and significant economic development investment (over $250 million since 2016 across ten major projects). The average household income within a one-mile radius exceeds $133,000, and over 1,500 residential units are planned for the area. The property's location within a newly established gateway overlay zoning district streamlines approvals for commercial development, ensuring a smooth and efficient leasing process. This space is ideal for businesses seeking a high-profile location in a rapidly expanding market. The zip code is 24083.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning