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River Park 1092 By Pass Rd 58,118 SF 75% Leased Retail Building Vinton, VA 24179 $4,000,000 ($68.83/SF)
Investment Highlights
- Highlly visible center with signage opportunities facing Bypass Road
- Close proximity to other retailers with high traffic and visibility
Executive Summary
This highly visible retail center is anchored by Big Lots, drawing customers from a broad demographic range. Situated on a prominent corner lot, the property offers two ingress/egress access points and excellent signage opportunities facing Bypass Road, as well as signage on the front of the building. A planned $16 million improvement by VDOT at Bypass Road and Hardy Road will further enhance accessibility and visibility. The site features 346 surface parking spaces, equating to a generous 677 spaces per 1,000 SF. Lease rates are competitively set at $14.00/SF for spaces under 4,000 SF and $11.00/SF for spaces over 4,500 SF.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
58,118 SF
Building Class
B
Year Built
1988
Price
$4,000,000
Price Per SF
$68.83
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
14.00 AC
Zoning
commercial
Parking
346 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
499’ on Route 24 Byp
Amenities
- Kiosk/Cart Space
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Suite 1060, available 2026 – Pizza Hut
Suite 1084, available now
AVAILABLE 2026 – Former Defy Gravity
AVAILABLE
AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1060 | 1,400 SF | Restaurant | - | Now |
| 1084 | 1,400 SF | Retail | - | Now |
| 1088 | 8,470 SF | Retail | - | Now |
| A | 1,560 SF | Retail | - | Now |
| B | 1,560 SF | Retail | - | Now |
1060
| Size |
| 1,400 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1084
| Size |
| 1,400 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1088
| Size |
| 8,470 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
A
| Size |
| 1,560 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
B
| Size |
| 1,560 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1060
| Size | 1,400 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Suite 1060, available 2026 – Pizza Hut
1084
| Size | 1,400 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Suite 1084, available now
1088
| Size | 8,470 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
AVAILABLE 2026 – Former Defy Gravity
A
| Size | 1,560 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
AVAILABLE
B
| Size | 1,560 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
AVAILABLE
Nearby Major Retailers
Property Taxes
| Parcel Number | 061.13-04-13.02-0000 | Improvements Assessment | $2,073,800 |
| Land Assessment | $1,396,900 | Total Assessment | $3,470,700 |
Property Taxes
Parcel Number
061.13-04-13.02-0000
Land Assessment
$1,396,900
Improvements Assessment
$2,073,800
Total Assessment
$3,470,700
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River Park | 1092 By Pass Rd
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