17272 Kings Hwy - Retail FOR SALE


Montross, VA 22520
$1,050,000 USD
757-585-2959
17272 Kings Hwy, Montross, VA for Sale
$1,050,000 USD
Retail - FOR SALE
1/11
null | 7.07% Cap Rate

17272 Kings Hwy
Montross, VA 22520


HIGHLIGHTS

  • Price Reduction! Improved cap rate!
  • 100% Leased with Immediate Upside – Current average rents of $8.88/SF are well below the market rate of $13/SF, offering strong value-add potential.
  • Additional Income Stream – Includes a 3,500 SF rear building leased to a long-term machine shop tenant.
  • Prime Location – Positioned on Kings Highway in Montross, VA, the historic Northern Neck and county seat of Westmoreland County.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

7.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

East End Plaza

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

B-2

APN/PARCEL ID

34A3-2-13,34A3-2-14

ASK ABOUT THIS PROPERTY

David BurksColdwell Banker Commercial Brooks Real EstateMore Info
757-585-2959

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David BurksColdwell Banker Commercial Brooks Real EstateMore Info
757-585-2959

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