Bluefield Investment Property

Property Photo 4 photos
4 photos

705 717 S College Avenue

705 717 S College Avenue, Bluefield, VA 24605

56,840 SF$3,940,000

Retail

Marcus & Millichap is pleased to present Twin City Shopping Center located at 705-717 S College Ave in Bluefield, Virginia. The subject is a 56,840-square foot, Neighborhood Shopping Center, built in 1985 and renovated in 2013, on approximately 9.2 ± acres of land. The tenant mix includes Aaron Rents (18%), Family Dollar (13%) and Wells Fargo credit on the USI lease (26%) as well as a host of nationally recognized tenants comprising over 75% of the center' s occupants. The bulk of the tenants have been at the center for extended terms. The current owner has recently completed a major renovation at the Center including interior spaces and facade totaling an amount approaching $400,000. In addition, Wells Fargo/USI is reported to have spent more than $700,000 on their space over the last few years. The landlord improvements include parking lot resealing and restriping, sprinkler replacements, roof repairs, facade and tenant improvements.

Bluefield Investment Property

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