2 Shopping centers 1 Office building and a large Self-storage facility

Shopping Center for Sale
Catylist Listing ID: 30320937
Property Subtypes: Mixed Use, Strip Center, Other
Building Size (RSF): 77,000 SF
Gross Building Area: See Agent
Gross Land Area: 6.67 Acres
Sale Price: $7,200,000
Unit Price: $93.51 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Countryside Shopping Center, Professional Building, Self-storage
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/16/2019

Overview / Comments

5 separate tax parcels of land improved with 2 strip shopping center buildings containing a total of 22,000sq/ft, a 12,000 sq/ft office building and a 254 unit 43,000sq/ft self storage facility.

The perfect trifecta of profitable income producing properties to easily manage together under one roof. Upgraded with features that make management of this facility easy.

Some tenants have been there 30+years. USPS is longtime tenant and has just expanded into an available adjoining space. This is the main hub of local activities in the Ruckersville area for residents and people passing through on 2 major 4 lane roadways carrying most North/South and East/West traffic in this region. People from the community stop in here almost on a daily basis for the post office, eateries, tobacco store, insurance needs the hair salon etc...

Lowes, Walmart and Mc Donald's all located themselves across the street at this intersection a few years ago because of the high traffic counts of both these roadways.

All rentable spaces in office building, shopping center and the self storage units are rented almost to full capacity. The facilities and grounds have always been well maintained since this was a point of pride to keep the family enterprise looking and maintained to a high standard. For example the parking lots are resealed regularly, trim and even the bay doors of self storage facility get repainted as needed, the landscapeing is beautifully maintained and even systems like HVAC units have been replaced to keep tenants comfortable and facility maintained and updated through the years.

I await your inquiry to find out more about this opportunity to own such a well sorted diversified income producing properties that already have a proven track record but also have further potential with the right management.

Greene County and this area are very much in a growth phase with a positive outlook for the future making this a perfect time to purchase a smoothly running enterprise like this that brings in a substantial amount of rent, income and profits each year. Help can be provided with ongoing management or training during a transition period or longer if desired, to get the new owners running smoothly.

Additional Details

Nearest MSA: Charlottesville
County: Greene
Taxing Authority: Greene County Virginia
Tax ID/APN: 60C-A-35A
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Brand new Tiger Fuel market and carwash construction currently being finished ,BP gas station, land and residence currently for sale.
Property Visibility: Excellent
Largest Nearby Street: Seminole Trail / 29 south and Spotswood Trail / 33 east bound
Feet of Frontage: 310
Airports: CHO
Property Condition: Excellent
Year Built: 2007
Roof Type: Flat
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Zoning Description: B2, B3, General Business
Lot Depth: 365
Water Service: Municipal
Sewer Type: Municipal
Legal Description: TM 60C A 31A, TM 60C A 31B, TM 60C A 32, TM 60C A 35A and TM 60C A 35

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,257 20,505
Median Age: 37.18 40.26
Households: 3,286 7,514

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