17272 Kings Hwy, Montross, VA 22520, Montross, VA 22520
sale
$1,150,000
|
Retail
Courtesy Of Coldwell Banker Commercial Brooks Real Estate
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.
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Property Features
- Architecture Style: Other
- MLSID: TMCZ24
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