Coldwell Banker Commercial Brooks Real Estate is exclusively offering a stabilized retail shopping center with immediate value-add potential. Price recently reduced by $150,000.
100% Leased with Upside: Operating at an average rent of just $8.88/SF—over 30% below market (~$13/SF)—providing a clear path to rapid NOI growth through mark-to-market increases upon lease rollover.
Diversified Income: Includes a separate 3,500 SF rear building leased to a long-term machine shop tenant, enhancing income stability and rent roll durability.
Prime Location: Strong visibility and frontage on Kings Highway in Montross, VA—the county seat of Westmoreland County and a key Northern Neck hub—benefiting from steady local demand and limited competing inventory.
Investor-Ready: Generates in-place cash flow today with built-in upside, ideal for investors targeting NOI expansion, yield compression, and long-term appreciation.
Drone video link below.