17272 Kings Hwy
Montross, VA 22520

$1,050,000 USD

General Retail For Sale • 11,000 SF

Property Details

Property Type General Retail
Total Building Size 11,000 SF
Lot Size 1.2 AC
Building Class C
Year Built 1989
Tenancy Multiple
Zoning B-2

20 Walk Score

                
                    Highlights
                
                                Price Reduction! Improved cap rate!
                            
                                100% Leased with Immediate Upside – Current average rents of $8.88/SF are well below the market rate of $13/SF, offering strong value-add potential.
                            
                                Additional Income Stream – Includes a 3,500 SF rear building leased to a long-term machine shop tenant.
                            
                                Prime Location – Positioned on Kings Highway in Montross, VA, the historic Northern Neck and county seat of Westmoreland County.
                            
                                Positioned in the Northern Neck, offers unrivaled access to the coastal charm of Kilmarnock, Irvington, White Stone, Lancaster & Westmoreland Counties