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111 Market St 6,000 SF Retail Building Winchester, VA 22603 $7,103,500 CAD ($1,183.92 CAD/SF) 6.60% Cap Rate
Executive Summary
Rutherford Crossing Shopping Center represents a rare opportunity to acquire a fully
leased, multi-tenant retail asset anchored by Starbucks Corporation — one of the
most globally recognized and traffic-generating brands in retail. The offering consists
of 6,615 square feet situated on a high-visibility outparcel at the intersection of
Martinsburg Pike and Snowden Bridge Boulevard in Winchester, Virginia, one of the
most active retail intersections in the Northern Shenandoah Valley. Starbucks'
proven ability to drive consistent daily traffic and its long-term commitment to the
site — evidenced by four remaining five-year renewal options — underscores the
fundamental strength of this investment.
leased, multi-tenant retail asset anchored by Starbucks Corporation — one of the
most globally recognized and traffic-generating brands in retail. The offering consists
of 6,615 square feet situated on a high-visibility outparcel at the intersection of
Martinsburg Pike and Snowden Bridge Boulevard in Winchester, Virginia, one of the
most active retail intersections in the Northern Shenandoah Valley. Starbucks'
proven ability to drive consistent daily traffic and its long-term commitment to the
site — evidenced by four remaining five-year renewal options — underscores the
fundamental strength of this investment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,000 SF
Building Class
B
Year Built
2020
Price
$7,103,500 CAD
Price Per SF
$1,183.92 CAD
Cap Rate
6.60%
NOI
$468,831 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
B-2 - designates an area for general business or community business districts. These districts are intended to provide a wider range of commercial and busin
Parking
17 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
141’ on Market Street
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 43A-100J | Improvements Assessment | $1,391,644 CAD |
| Land Assessment | $1,735,260 CAD | Total Assessment | $3,126,904 CAD |
Property Taxes
Parcel Number
43A-100J
Land Assessment
$1,735,260 CAD
Improvements Assessment
$1,391,644 CAD
Total Assessment
$3,126,904 CAD
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111 Market St
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