Shore Plaza Shopping Center 4068-4102 Lankford Hwy 130,353 SF 30% Leased Retail Building Exmore, VA 23350 $4,885,720 CAD ($37.48 CAD/SF) 2.95% Cap Rate

We are excited to present Shore Plaza Shopping Center, a prime investment opportunity located in the heart of Exmore, Virginia. This well-situated retail center offers a unique chance for investors to acquire a property in a growing community with strong economic fundamentals. With its competitive pricing and strategic location, Shore Plaza is poised for attractive returns.
Property Type: Retail Shopping Center
Anchor Tenants: Includes a diverse mix of local and regional retailers, contributing to a stable income stream.
Accessibility: Main access on Lankford Highway with traffic signals improving visibility and traffic flow. Two points of ingress/egress facilitate easy access for customers.
Trade Area: Situated within a trade area serving approximately 47,000 residents, offering a robust customer base. Shore Plaza is strategically located at the center of the Virginia Eastern Shore, a region known for its recreational opportunities and growing population.
Proximity to Major Retailers: Nearby national and local retailers attract a steady flow of customers.
Community Amenities: Close to schools, healthcare facilities, and essential services.
Demographics: Exmore has a population of approximately 1,500 residents, serving as an important commercial and transportation hub within Northampton County.
Exmore has a rich history and vibrant community, boasting over 150 businesses and services. As the largest town in Northampton County and ranked as the 117th largest municipality in Virginia, Exmore is well-positioned for future development and economic expansion.
Growth Trends: The Eastern Shore has continuous growth, resulting from visitors and new residents seeking the area’s natural beauty and recreational activities.
Market Characteristics: With a diverse mix of businesses and services, Exmore supports a thriving local economy that attracts consumers.
Shore Plaza Shopping Center offers investors an excellent opportunity to acquire a well-located retail property in a growing market. The strategic positioning, strong tenant mix, and favorable demographics make this shopping center an attractive investment. This offering presents a unique chance to invest in Shore Plaza Shopping Center, a property with significant upside potential in a vibrant community. For further information, financial details, or to arrange a property tour, please contact us at your earliest convenience. Your investment in Shore Plaza could be the next step toward securing a prosperous future in retail real estate.