1101 Brookdale St | Martinsville, VA 24112
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- LoopNet Team
1101 Brookdale St
Martinsville, VA 24112
Spruce Street Station · Retail Property For Sale
Investment Highlights
- Food Lion invested heavily into their space in 2018, and their sales have risen considerably.
- Staggered rollover schedule. Fully leased to a diverse, complementary tenant mix including grocery, medical, restaurant and service-oriented uses.
- 2021 sales volume was over $14.1 million ($369 per square foot), which represents an increase of over 62% in the last five years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
48,052 SF
Building Class
B
Year Built/Renovated
1988/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
8.31 AC
Zoning
C-1 - General Commercial
Parking
236 Spaces (4.91 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 000838600 | Improvements Assessment | $3,718,300 |
| Land Assessment | $484,900 | Total Assessment | $4,203,200 |
PROPERTY TAXES
Parcel Number
000838600
Land Assessment
$484,900
Improvements Assessment
$3,718,300
Total Assessment
$4,203,200
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