Walmart Shadow Center

Walmart Shadow Center

7373 Peppers Ferry Blvd
Radford, VA

Price: $5,130,000
Cap: 7.00%
NOI: $358,785
Building Size: 30,151 SF
Lot Size: 3.82 AC

Investment Highlights

WALMART SUPERCENTER SHADOW CENTER
• The property is a 30,151 SF Walmart Supercenter shadow anchored retail center located in Radford, VA
• The property is 92% leased and includes a complimentary mix of restaurants, service tenants, and national brands such as CATO, Sally Beauty Supply, Subway, and more
• Stable Tenant History | Average Tenant Tenure: 13+ Years
• Leasing Momentum | 2 New Leases & 5 Renewals since 2020

STRATEGIC LOCATION
• The property is positioned just at the intersection of Peppers Ferry Road & Lee Hwy (36,000 Combined VPD)
• The center is shadow anchored by a high-performing Walmart since 1999 | Walmart owns the Walmart
• The property is also next to Lowe’s Home Improvement and other surrounding tenants include Kroger, Rural King, Aaron’s, Badcock, Pizza Hut, O’Reilly, Taco Bell, and many more
• Property is just 3 miles down the road from the Radford Army Ammunition Manufacturing Plant for the US Military, a 7,000-acre manufacturing facility that has employed up to 23,000 individuals at anytime

DOMINANT RETAIL LOCATION | REGIONAL TRADE AREA
• This shopping center is the largest and busiest center in a 15-Mile Radius
• Radford Plaza sees 1.5M annual visits
• Property pulls from a 20+ mile Trade Area

RADFORD, VA
• Radford is an independent city in the state of Virginia
• Radford is home to Radford University with 11,870 students
• The city is less than 20 minutes f rom Virginia Tech, Virginia’s second largest University with 37,000+ students
• The city is south of New River Gorge National Park with 1.4 million
visitors annually and north of Claytor Lake State Park with 300,000

Zach Taylor
Eric Abbott
OFFERING MEMORANDUM

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