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181 Plaza Rd

34,622 SF 100% Leased Retail Building Wise, VA 24293 $3,302,705 CAD ($95 CAD/SF) 7% Cap Rate

Investment Highlights

  • In Wise's main retail corridor with national retailers.
  • Great visibility from Hwy 23.
  • Located adjacent to a 147,000sf retail center.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
34,622 SF
Building Class
C
Year Built/Renovated
1982/2021
Price
$3,302,705 CAD
Price Per SF
$95 CAD
Cap Rate
7%
NOI
$231,189 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
3.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
273 Spaces
Frontage
346 ft on Southmark Road Southwest

Amenities

  • Signage
  • Air Conditioning

Nearby Major Retailers

Rent-A-Center
Huddle House
Starbucks
Food City
Applebee's
First Bank and Trust Company

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R032263
  • R043376
Land Assessment
$819,334 CAD
Improvements Assessment
$3,371,171 CAD
Total Assessment
$4,190,505 CAD
  • Listing ID: 31004426

  • Date on Market: 2024-02-20

  • Last Updated:

  • Address: 181 Plaza Rd, Wise, VA 24293

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