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Multi Tenant Retail
Triangle Square
200 MARSHALL DR, CHRISTIANSBURG, VA
Listing Price: $2,564,620
Cap Rate
7.25%
Net Operating Income
$185,935
Occupancy
100%
Lot Size
1.38 Acres
Number of Tenants
Four (4)
Parking Spaces
73 Spaces
Year Built
2002
Investment Highlights:
Exclusivley Listed By:
SENIOR MANAGING DIRECTOR INVESTMENTS
DERRICK DOUGHERTY
(215) 531-7026
WALMART SHADOW ANCHORED CENTER
» Adjacent to the top 6% Walmart in the State based on annual visitors.
RECENT CAPITAL IMPROVEMENTS
» New roof, parking lot, and HVAC systems reduce near-term capital expenditures for next owner.
DIVERSE TENANT MIX
» Includes national, regional, and local operators such as Aaron’s, Quest Diagnostics, and Verizon rooftop lease.
HIGH-TRAFFIC RETAIL CORRIDOR
» Located just off Peppers Ferry Road (18,000 VPD) and near US-460 (40,000 VPD) with strong visibility to local traffic generators.
EDUCATIONAL HUB
» Proximity to Virginia Tech and multiple high schools, including Blacksburg High (1,281 students), Christiansburg High (1,063 students), and Auburn High (387 students).
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