Shopping Strip
Verizon + VA ABC | Walmart Shadow
158 New Market Rd, Timberville, VA 22853
Listing Price: $1,693,585
Cap Rate
6.50%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$423.40
Lot Size
1.08 acres
Year Built
2017
Investment Overview
Marcus & Millichap is pleased to present for sale a multi-tenant Walmart shadow center located in Timberville, VA. The subject property is 100% occupied with Verizon and Virginia ABC.
Investment Highlights
- Multi-Tenant Walmart Shadow | 4,000 SF Outparcel | 2017 Construction
- Two (2) Tenants | 100% Occupied | Virginia ABC Store | Verizon
- NNN Leases | TICAM Reimbursements | Minimal Landlord Obligations
- Passive Investment | WALT: 6.26 Years | Annual Rent Increases | Both Tenants
- Nearby New Developments: Walmart Fuel Station & Roxbury Subdivision (84-Units)
- Verizon Recently Exercised 10 Years
- Shenandoah Valley | 381,700+ Population | Tourism: 1.7 Million Visitors Annually
- Harrisonburg, VA MSA | Rockingham County, VA | #1 Agricultural County in State
Exclusively Listed By
Listing Price: $1,693,585
Cap Rate
6.50%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$423.40
Lot Size
1.08 acres
Year Built
2017
Investment Highlights
- Multi-Tenant Walmart Shadow | 4,000 SF Outparcel | 2017 Construction
- Two (2) Tenants | 100% Occupied | Virginia ABC Store | Verizon
- NNN Leases | TICAM Reimbursements | Minimal Landlord Obligations
- Passive Investment | WALT: 6.26 Years | Annual Rent Increases | Both Tenants
- Nearby New Developments: Walmart Fuel Station & Roxbury Subdivision (84-Units)
- Verizon Recently Exercised 10 Years
- Shenandoah Valley | 381,700+ Population | Tourism: 1.7 Million Visitors Annually
- Harrisonburg, VA MSA | Rockingham County, VA | #1 Agricultural County in State
Investment Overview
Marcus & Millichap is pleased to present for sale a multi-tenant Walmart shadow center located in Timberville, VA. The subject property is 100% occupied with Verizon and Virginia ABC.
Exclusively Listed By