Closed: Walmart Shadow Anchored Center in Christiansburg, VA
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Christiansburg, VA, April 14th, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of Triangle Square, a 14,659-square-foot property located at 200-202 Marshall Dr, Christiansburg, VA, according to Brian Hosey, broker of record of the firm’s Bethesda, MD office. The asset sold for $2,450,000.
Jacob Haslach and Derrick Dougherty investment specialists in Marcus & Millichap’s Philadelphia office, had the exclusive listing to market the property on behalf of the seller, a family-owned commercial real estate office in Blacksburg, Virginia.
“Triangle Square benefited from its exceptionally well-positioned location adjacent to the top 6% Walmart in the State based on yearly visitors,” said Jacob Haslach, Associate Director. “With recent capital improvements and a 5.6-year weighted average lease term, Triangle Square presented the buyer with a truly stable and highly sought after investment.”
“The buyer acquired an exceptional location with a stable income steam backed by national and regional credit. Providing long term cash flow with an ability to enhance value over their hold period,” Haslach Added. "It was a pleasure working with all parties to bring this transaction to a successful close."
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
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