800 Main St Wytheville, VA 24382
Wythe Plaza, a renovated 99,745 square foot shopping center, presents a unique investment opportunity in Wytheville, Virginia. Strategically located on ±8.69 acres at 800 East Main Street, this multi-tenant property boasts high visibility with a daily traffic count of 9,718 vehicles. The center offers seven suites, with spaces ranging from a minimum of 1,040 square feet to a maximum contiguous space of 4,311 square feet. Currently, 13,435 square feet is available for lease. Its prime location at the crossroads of Interstates 77 and 81 provides exceptional access and exposure to a large customer base. The property benefits from its proximity to Wytheville Community College and Wytheville County Hospital, ensuring a consistent flow of potential customers. Wytheville itself is conveniently situated approximately 75 miles west of Roanoke, VA, and 90 miles northwest of Winston-Salem, NC. Adding to its appeal, a new anchor tenant is slated to join the center soon, further enhancing its desirability and attracting additional foot traffic. This is an exceptional opportunity to secure retail space in a thriving community with excellent accessibility and strong growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.