2109-2233 Wilborn Ave
South Boston, VA 24592

RealINSIGHT Marketplace and Cushman & Wakefield | Thalhimer are pleased to present the opportunity to acquire a 76.5% leased, 173,244 square foot value-add regional center, anchored by Belk, Goody' s and historically strong regional grocery chain, Shoppers Value Foods in South Boston (Halifax County), Virginia. Hupps Mill Plaza ( The Property ) is situated on ±17.32 acres of land at the intersection of main regional thoroughfare Wilborn Avenue (Route 501) and Hamilton Boulevard, directly across from Sentara' s Halifax Regional Hospital. The Property benefits from excellent signage and visibility along Route 501, ample parking and multiple points of ingress and egress. South Boston is located along the Dan River and is equidistant, within a 65 mile drive, from Lynchburg, Virginia to the North and Raleigh, North Carolina to the South. In addition to strong anchors, the current tenant roster also features credit rated tenants, Sherwin Williams, Advance Auto, Family Dollar and the Commonwealth of Virginia (GSA). 78% of the existing tenancy has leased space at the center for fifteen years or longer. Upside exists through lease up of existing vacancies as well as right sizing rents of new and renewing tenants. Minimal competition and no near term plans for new development in the trade area, help bolster the Property' s strength in the market for the long term. The asset represents the unique opportunity to acquire a cash flowing, value-add asset at a significant discount to replacement cost.