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1923 Electric Rd
Salem, VA 24153
Ridgewood Farms Shopping Center · Property For Lease

Highlights

  • Located across the street from Lewis Gale Hospital along Electric Road with access to I-581/Route 220 and I-81
  • Common area enhancements planned
  • Near major employment centers and Salem Athletic Complex
  • Kroger recently renovated showing long-term commitment to the property
  • Two signalized intersections
  • Other tenants include Tuesday Morning, Workout Anytime and local restaurants

Property Facts

Center Type Neighborhood Center
Parking 229 Spaces
Center Properties 4
Frontage
Braeburn Dr
  • 773’ on Electric Rd
Gross Leasable Area 84,364 SF
Total Land Area 7.94 AC
Year Built 1984
Cross Streets SWC Electric Rd. & Braeburn Dr.

About the Property

S.L. Nusbaum Realty Co. presents Ridgewood Farms Shopping Center, a prime real estate opportunity situated conveniently across the street from Lewis Gale Hospital on Electric Road. This strategic location grants easy access to I581/Route 220 and I-81, making the center a premier spot for local businesses and customer activity. Anchoring this vibrant commercial hub is the recently renovated Kroger supermarket, with a Kroger Fuel station amplifying the allure. This significant investment by Kroger demonstrates their strong commitment to the location, enhancing its potential for long-term stability and attracting a steady flow of patrons to the center. The center benefits from its proximity to major employment hubs and the Salem Athletic Complex, fostering a dynamic blend of professionals, fitness enthusiasts, and local residents. This vibrant community backdrop underscores the center's appeal, amplifying the potential for businesses to thrive. Besides housing notable tenants such as Workout Anytime and local restaurants, the center has been subject to recent common area enhancements. This continuous investment in the physical space enhances its attractiveness, making it a preferred destination for both retailers and customers alike. Complementing the center's charm are two signalized intersections, which ensure a smooth inflow and outflow of traffic. Given its high visibility and impressive daily traffic counts - 19,000 VPD on Electric Road and 12,000 VPD on Apperson Dr (Hwy 11) - the Ridgewood Farms Shopping Center promises an excellent exposure opportunity for any business.

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Listing ID: 23797722

  • Date on Market: 7/29/2021

  • Last Updated:

  • Address: 1923 Electric Rd, Salem, VA 24153

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