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Shops to Spradlin Farms
Christiansburg, VA 24073

$4,250,000 USD

General Retail For Sale  •  128,562 SF

Property Details

• Property Type General Retail
• Total Building Size 128,562 SF
• Lot Size 13.88 AC
• Building Class C
• Year Built 2000
• Cap Rate 6.00 %
• Tenancy Multiple
• Zoning B-3

27 Transit Score

53 Walk Score

Highlights

100% Occupied Multi-Tenant NNN Class A Property - Synergistic Mix Essential National/Regional Tenants

High Profile Shops to Super Target - Spradlin Farms Power Center (181K SF) - Home Depot/TJ Maxx/Petco

Proven Essential Retailers - Recent 2020 Lease Executions - Staggered Lease Terms/Below Market Rents

Affluent Suburb Outside of Roanoke with Strong Demo’s ($83,889 HHI) - New River Valley’s Retail Hub

Pride of Ownership Brick Construction - Excellent Inflation Hedge with Rent Bumps - Huge Traffic Flows

Positioned with all Major Retail (New River Valley Mall/Walmart/Lowes) - Near Virginia Tech University •

Cap Rate:

6.00 %

Amenities

• Pylon Sign

Public Transportation

Airport	Drive	Walk	Distance
Roanoke/Blacksburg Regional (Woodrum Field)	50 min	-	34.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2275
Type:	Surface
Included in Rent:	Yes