27 Scenic Hwy - Office FOR SALE


Churchville, VA 24421
$4,200,000 USD
607-768-1030
27 Scenic Hwy, Churchville, VA for Sale
$4,200,000 USD
Office - FOR SALE
1/3
null | 5.24% Cap Rate

27 Scenic Hwy
Churchville, VA 24421


HIGHLIGHTS

  • Monopoly Location
  • 100 % Historical Occupancy
  • Recession Resistant Tenancy
  • Strong ROI Potential
  • Low Management Complexity

OVERVIEW

Churchville Market Place presents a once-in-a-generation opportunity to acquire the only commercial retail center serving the entire Churchville, Virginia market and surrounding rural trade area. This property has maintained 100% occupancy for over 30 years, demonstrating unmatched tenant stability and consistent demand. Strategically positioned along Scenic Highway, the asset functions as the primary retail and service hub for the region, benefiting from a captive customer base with no direct retail competition in the immediate area. Tenant Mix & Anchors The center is anchored by essential, necessity-based tenants that drive daily traffic and long-term stability, including: National/credit-oriented tenant (e.g., Family Dollar) Grocery / convenience retail Banking institution Restaurant / food service Gas station / service retail This diversified tenant mix ensures consistent foot traffic and reduces vacancy risk, making the property highly resilient across economic cycles.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$1,310 USD /SF

CAP RATE

5.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100 % OCCUPANCY STRIP MALL - CHURCHVILLE, VA

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank, Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.13 AC

LAND SF

223,463 SF

ZONING

GENERAL BU

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ravi PatelMedina Patels Hospitality LLCMore Info
607-768-1030

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Ravi PatelMedina Patels Hospitality LLCMore Info
607-768-1030

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