4665 Richmond Rd Warsaw, VA 22572
For Lease
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Warsaw Village Shopping Center presents a unique opportunity for retail businesses seeking high-traffic exposure in the heart of Virginia's Northern Neck. This 60,100 square foot necessity-anchored shopping center boasts a prime location on Richmond Road, benefiting from the strong daily traffic generated by its anchor tenants: Food Lion, Walgreens, and a Virginia ABC store. As one of only three major grocery stores serving the entire Northern Neck, this center enjoys a significant regional draw, ensuring a consistent flow of customers. Currently, there are 2,800 square feet of vacant retail space available, divisible to a minimum of 2,800 square feet and a maximum contiguous space of 2,800 square feet. The property also features a desirable pad site with drive-thru potential, ideal for businesses seeking enhanced visibility and convenience. This location is particularly well-suited for businesses such as nail salons, insurance offices, and cell phone stores. The center's strategic location and strong anchor tenants create an exceptional environment for retail success. The high volume of daily traffic and the regional draw of the grocery stores provide a significant advantage for prospective tenants. The available pad site with drive-thru potential offers additional opportunities for expansion and customization. This is a rare opportunity to establish a presence in a thriving retail center within a highly sought-after market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
TOWN OF WARSAW · Warsaw, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.