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East End Plaza 17272 Kings Hwy 11,000 SF 100% Leased Retail Building Montross, VA 22520 $1,675,104 CAD ($152.28 CAD/SF)
INVESTMENT HIGHLIGHTS
- 100% Leased with Immediate Upside – Current average rents of $8.88/SF are well below the market rate of $13/SF, offering strong value-add potential.
- Prime Location – Positioned on Kings Highway in Montross, VA, the historic Northern Neck and county seat of Westmoreland County.
- Additional Income Stream – Includes a 3,500 SF rear building leased to a long-term machine shop tenant.
EXECUTIVE SUMMARY
Coldwell Banker Commercial Brooks Real Estate is proud to exclusively offer this clean, well-maintained retail center presenting a strong value-add investment opportunity. The property is currently 100% leased, with average rents of $8.88/SF—significantly below the market rate of $13/SF—allowing for immediate upside potential through rent adjustments as leases renew.
An additional 3,500 SF building in the rear is leased to a long-term machine shop tenant, providing further income stability.
Located directly on Kings Highway in Montross, VA, within the historic Northern Neck and the county seat of Westmoreland County, this property combines steady current cash flow with substantial growth potential, making it an ideal acquisition for investors seeking both security and future appreciation. Link to Drone Video below...
An additional 3,500 SF building in the rear is leased to a long-term machine shop tenant, providing further income stability.
Located directly on Kings Highway in Montross, VA, within the historic Northern Neck and the county seat of Westmoreland County, this property combines steady current cash flow with substantial growth potential, making it an ideal acquisition for investors seeking both security and future appreciation. Link to Drone Video below...
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
11,000 SF
Building Class
C
Year Built
1989
Price
$1,675,104 CAD
Price Per SF
$152.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.20 AC
Zoning
B-2 - Commercial and Industrial
Parking
30 Spaces (2.73 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Machine Shop
- -
-
99,999 SF
-
$9.99
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Machine Shop | - | 99,999 SF | $9.99 | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $423,936 CAD | |
| Land Assessment | $167,609 CAD | Total Assessment | $591,544 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$167,609 CAD
Improvements Assessment
$423,936 CAD
Total Assessment
$591,544 CAD
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East End Plaza | 17272 Kings Hwy
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