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50-60 Firstwatch Dr
Moneta, VA 24121

$2,700,000 USD

General Retail For Sale  •  21,360 SF

Property Details

  • Property Type General Retail
  • Total Building Size 21,360 SF
  • Lot Size 3.75 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 6.51 %
  • Tenancy Multiple
  • Zoning PCD
0 Transit Score
17 Walk Score

Highlights

40% Below-Market Rents: Significant upside through lease-up, renewals, and re-tenanting.
Affluent Trade Area: AHHI $124,000+, driven by permanent residents, lake-home owners, and retirees.
Strong Tenant Mix: Includes national brand Domino’s, providing stability and consistent customer draw.
Major Vacation Destination: Located at Smith Mountain Lake, one of Virginia’s top recreation markets with strong seasonal traffic.
Growing Retail Corridor: Increasing demand from both yearround residents and peak-season visitors, limited competing supply.
Diverse Customer Base: Captures local, second-home, and tourist spending.
Cap Rate: 6.51 %

Major Tenants

Tenant SF Occupied Lease End Date
Body4U 1,298 SF 9/30/2026
City Electric Supply 5,629 SF 3/31/2026
Cooper Kettle Restaurent 5,629 SF 12/31/2029
Domino's Pizza 2,958 SF 9/25/2027
Farmhouse 3,780 SF 5/1/2027
Westlake 1,500 SF 4/30/2030

Public Transportation

AirportDriveWalkDistance
Roanoke/Blacksburg Regional (Woodrum Field) 47 min - 29.4 mi
Lynchburg Regional/Preston Glenn Field 57 min - 38.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 101
Type: Surface
Included in Rent: Yes
Jack Levine 954-902-5257 Sands Investment Group
Jack Levine 954-902-5257 Sands Investment Group