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Investment Highlights

  • Monopoly Location
  • Recession Resistant Tenancy
  • Low Management Complexity
  • 100 % Historical Occupancy
  • Strong ROI Potential

Executive Summary

Churchville Market Place presents a once-in-a-generation opportunity to acquire the only commercial retail center serving the entire Churchville, Virginia market and surrounding rural trade area. This property has maintained 100% occupancy for over 30 years, demonstrating unmatched tenant stability and consistent demand.
Strategically positioned along Scenic Highway, the asset functions as the primary retail and service hub for the region, benefiting from a captive customer base with no direct retail competition in the immediate area.
Tenant Mix & Anchors
The center is anchored by essential, necessity-based tenants that drive daily traffic and long-term stability, including:
National/credit-oriented tenant (e.g., Family Dollar)
Grocery / convenience retail
Banking institution
Restaurant / food service
Gas station / service retail
This diversified tenant mix ensures consistent foot traffic and reduces vacancy risk, making the property highly resilient across economic cycles.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $298,760 $93.19
Other Income - -
Vacancy Loss - -
Effective Gross Income $298,760 $93.19
Taxes $11,136 $3.47
Operating Expenses - -
Total Expenses $11,136 $3.47
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $298,760
Annual Per SF $93.19
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $298,760
Annual Per SF $93.19
Taxes (CAD)
Annual $11,136
Annual Per SF $3.47
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $11,136
Annual Per SF $3.47
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
21,200 SF
Building Class
A
Year Built
1990
Price
$5,703,600 CAD
Price Per SF
$269.04 CAD
Cap Rate
5.24%
NOI
$298,760 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,200 SF
Building FAR
0.09
Lot Size
5.13 AC
Zoning
GENERAL BU

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

En tant que plus ancienne banque de Virginie, la Burke & Herbert Bank contribue à la prospérité constante des entreprises, des familles et des collectivités depuis 1852, en offrant des conseils d'experts, un leadership local solide et un œil sur l'avenir. Ils voient l'extraordinaire en chacun. Burke & Herbert Bank est à l'écoute des besoins uniques de ses clients et répond avec des plans qui les propulsent vers l'avenir. Plus que tout, Burke & Herbert Bank est le voisin et le plus grand défenseur de ses clients et offre constamment des expériences bancaires qui défendent leur succès tant en affaires que dans la vie, toujours en confiance, toujours en sécurité et toujours là pour la communauté.

  • Finance and Insurance
  • -
  • -
  • -

Summit est une banque communautaire locale qui s'engage à offrir à ses clients la meilleure valeur bancaire, le meilleur service et la meilleure commodité possible. Ils s'efforceront de s'assurer que l'expérience du client dépasse ses attentes en fournissant les meilleurs produits et services de l'industrie tout en maintenant les valeurs traditionnelles qui sont importantes pour eux. Summit croit en une culture de service à la clientèle qui vient du cœur, avec des employés qui font de sa mission personnelle d'offrir une expérience bancaire authentique et exceptionnelle.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - -
Finance and Insurance - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 40367628

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 27 Scenic Hwy, Churchville, VA 24421

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