2706 Virginia Ave | Collinsville, VA 24078
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- LoopNet Team
2706 Virginia Ave
Collinsville, VA 24078
Collinsville Shopping Center · Retail Property For Sale
Investment Highlights
- Value-add shopping center offered at 13% CAP Rate and 65% occupancy
- Site includes ample parking and approximately eight acres of shopping center and two additional land parcels adjacent and behind the center
- Tenancy includes a BB&T Bank branch, Family Dollar, and Schewel’s Furniture as well as a number of local retailers
- Located in the heart of Collinsville, Virginia at a signalized intersection with 550’ of frontage on Virginia Avenue (U.S. 220)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
87,370 SF
Building Class
C
Year Built
1962
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
8.01 AC
Zoning
B1
Parking
422 Spaces (4.83 Spaces per 1,000 SF Leased)
Frontage
550 FT on Virginia Ave
PROPERTY TAXES
| Parcel Number | 038930002 | Improvements Assessment | $371,700 |
| Land Assessment | $835,200 | Total Assessment | $1,206,900 |
PROPERTY TAXES
Parcel Number
038930002
Land Assessment
$835,200
Improvements Assessment
$371,700
Total Assessment
$1,206,900
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