703-559-7190
1005 S Craig Ave, Covington, VA for Sale
Warehouse - FOR SALE
1/4
null | Request Cap Rate

1005 S Craig Ave
Covington, VA 24426


HIGHLIGHTS

  • Food Lion Anchor: In Virginia, Food Lion holds a 27.7% statewide visit share, making it the most-visited chain in the state.
  • Strong Grocery Sales: With roughly 3 years remaining on the lease, Food Lion reports sales in excess of $20M
  • Retail Market Growth: Covington VA’s retail market features a mix of established retailers and smaller businesses, with a focus on convenience
  • Prime Retail Location: Well-situated in the epicenter of retail in Covington on South Craig Blvd, with superb visibility.
  • National Credit Tenants: Tenant roster at Allegheny Square is comprised of over 55% national credit retailers, facilitating overall stability
  • Outparcel Draws: A diverse range of ancillary outparcel draws, including Wells Fargo, Verizon, Truist Bank, and Wendy’s

OVERVIEW

Broker of Record Kyle Matthews License # 226035518, 225225982 (VA) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

Enterprise

APN/PARCEL ID

018-0A-0000-00013

ASK ABOUT THIS PROPERTY

Edward LaycoxMatthews Real Estate Investment ServicesMore Info
703-559-7190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Edward LaycoxMatthews Real Estate Investment ServicesMore Info
703-559-7190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.