Fully Occupied Shops to Target- NNN Leases Shops to Spradlin Farms 128,562 SF 100% Leased Retail Building Christiansburg, VA 24073 $4,250,000 ($33.06/SF) 6% Cap Rate

We are pleased to offer to qualified investors an opportunity to acquire a 100% occupied, multi-tenant retail asset (Spradlin Farms Shops) that is fully leased to national tenants in the main retail trade cohort of Christiansburg, VA. The subject property is a 13,955 square foot freestanding retail building that is situated on a 1.82 acre lot directly adjacent to Target and is a part of the 181,055 SF Spradlin Farms regional shopping center anchored by T.J. Maxx, Michaels, Petco, Barnes & Nobles, Big Lots and shadow Anchored by Target and The Home Depot. Located just 6 miles from Virginia Tech, the subject property benefits from its proximity to the university which has over 37,000 students enrolled as well as its proximity to major regional thoroughfares such as Highway 460 and Interstate 81. Additionally, this retail trade area serves as the dominant shopping center destination for a 25+ mile radius as it is the largest retail trade cohort outside of Roanoke, VA. This is a rare opportunity to acquire an exceptionally well located, 100% occupied retail asset on a large 1.82 acre lot, with fixed rental increases, near one of the most recognized and well attended university’s in the U.S.