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110 Merchant St
Winchester, VA 22603
12+Yr NNN Corporate Ground Lease Strong Demos · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Historically Strong Sales
  • 10% Rent Increase in 3 Years
  • 70,000 VPD at Interstate 81 and Route 11 (Red Robin at Route 11 exit)
  • 12+ Yr Corporate NNN Ground Lease
  • Market Rent
  • Target, Lowes, McDonald’s and Chickfila Anchored Center

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,217 SF
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.40 AC
Zoning
RESTRICTIV
Parking
50 Spaces (9.58 Spaces per 1,000 SF Leased)
Frontage
270’ on Merchant Street

ABOUT 110 MERCHANT ST , WINCHESTER, VA 22603

Strong Demographics In 5-mile Trade Area • More than 58,000 residents and 55,000 employees support the trade area • $90,031 average household income Rutherford Crossing Shopping Center | Nearby National Tenants • The subject property is located in the Rutherford Crossing Shopping center which consists of over 400,000 SF of retail space and FEMA regional office • Rutherford Crossing Shopping Center includes national tenants such as Lowe’s, Target, CVS Pharmacy, PetSmart, Party City, and more • Strong tenant synergy promotes crossover shopping to the subject property Just off Interstate 81 | Direct Residential Consumer Base • The asset is located directly off Interstate 81 (62,000 VPD) with direct on/off ramp access making the property easily accessible • Across from the largest planned residential development in Winchester with nearly 2,600 homes • Hard Corner Signalized Intersection | Excellent Visibility & Access • The asset is located at the signalized, hard corner intersection of US Highway 11 and Merchant Street with a combined 17,100 vehicles passing by daily • Tenant occupies the entrance pad for Rutherford Crossing Shopping Center which provides excellent visibility and access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
43A-100O
Land Assessment
$1,927,500
Improvements Assessment
$1,427,100
Total Assessment
$3,354,600
  • Listing ID: 19139214

  • Date on Market: 4/7/2020

  • Last Updated:

  • Address: 110 Merchant St, Winchester, VA 22603

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