Troutville Center

Investment Highlights

  • Food Lion Grocery Anchored Center with Strong Sales
  • Dollar General Junior Anchor
  • 94% Occupied with 87% National Credit Tenants
  • Priced Below Replacement Cost
  • Includes Additional Land for Development
  • Located on Main Retail Corridor
  • High Income Demographics
  • Average Household Income: $94,000+ (5 Miles Radius)
  • Strong Traffic Counts: 26,000 Cars/Day on Blue Ridge Blvd

Offering Summary

  • Price: $3,100,000
  • CAP: 7.57%
  • Occupancy: 94%
  • Price/SF: $95.75
  • Site Area: 12.87 Acres
  • GLA: 42,080  Sq. Ft.

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