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South Towne center Portfolio

4 Properties Offered at $4,975,000 in Front Royal, VA

Investment Highlights

  • Updated LED lighting throughout shopping center
  • Newly paved/striped parking lot
  • Value add opportunity with converting leases to NNN
  • New roofs on ST Center & ST Annex
  • Several upcoming lease renewals with under market tenant rents
  • Multiple access points in/out of the shopping center & South Street is the gateway to Skyline Drive

Property Facts

Price $4,975,000
Price / SF $250.13 / SF
Cap Rate 6.47%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 19,890 SF
Total Land Area 1.54 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
215-231 South St, Front Royal, VA 22630 Retail 7,534 SF 1998 -
423 Hill St, Front Royal, VA 22630 Multifamily 1,170 SF 1984 -
239 South St, Front Royal, VA 22630 Retail 8,486 SF 1998 -
235 South St, Front Royal, VA 22630 Office 2,700 SF 1989 -
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  • Listing ID: 33121045

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: South Towne center Portfolio, Front Royal, VA

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