2109-2233 Wilborn Ave | South Boston, VA 24592
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- LoopNet Team
2109-2233 Wilborn Ave
South Boston, VA 24592
Hupps Mill Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Belk Has Occupied for Over 20 Years | AVG Overall Historical Occupancy 13yrs.
- Mix of Long-Term Leases on Larger Spaces, Short-Term on Smaller Spaces.
- Low Rents | AVG $5.41 Rent/SF | 7-Units or 40,572 SF of Vacancy Upside.
- Majority NNN Leases | Approx. 50% Expense Recapture Even With 23% Vacancy.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
173,244 SF
Building Class
B
Year Built/Renovated
1972/2000
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
17.33 AC
Parking
1,051 Spaces (6.07 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 234 | Improvements Assessment | $6,053,207 |
| Land Assessment | $650,048 | Total Assessment | $6,703,255 |
PROPERTY TAXES
Parcel Number
234
Land Assessment
$650,048
Improvements Assessment
$6,053,207
Total Assessment
$6,703,255
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