1200 E Main St
Pulaski, VA 24301
Pulaski Plaza · Retail Property For Sale

Cushman & Wakefield | Thalhimer has been exclusively retained to market for sale Pulaski Plaza ("the Property"), a 112,340 square foot retail center anchored by a high volume Food Lion (Euronext: AD): and Peebles department store (NYSE: SSI). A recently executed 10 year, corporate lease with the Southeast’s preeminent furniture retailer Badcock & More Home Furniture, has brought the center to just over 90% occupancy. Junior anchors Family Dollar (NASDAQ: DLTR) and Aaron’s Rentals (NYSE: AAN) help round out the tenant mix with a handful of diverse regional and local small shop retailers. Pulaski is located along Interstate 81 in the heart of Southwest Virginia’s New River Valley. Approximately 50 miles Southwest of Roanoke, the area is part of the Blacksburg – Christiansburg – Radford MSA. The Property is situated on ±10.9 acres with excellent visibility along East Main Street at the signalized intersection of Bob White Boulevard. One of only three true grocery anchored centers in the trade area, the asset is perfectly positioned to cater to the surrounding residential population. Pulaski Plaza represents an opportunity to acquire a proven, cash-flowing asset with upside and minimal risk at a significant discount to replacement cost. Additionally, ample parking allows for the potential to explore pad development at the site.