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The Crofton Plaza 9 Properties Offered at $8,900,000 in Palmyra, VA
Investment Highlights
- Ample parking available for shoppers and employees.
- Rare opportunity to purchase a center anchored by Ace hardware.
- Significant residential development.
- Property is strategically located in the Lake Monticello area with direct frontage on Lake Monticello Road.
- Easy Ingress & Egress.
Executive Summary
Crofton Plaza, located next to the main entrance to Lake Monticello, was developed by a local family starting in 1993 and has grown to more than 55,000 sq ft of retail / office space for lease. There have been very few vacancies over the past 10 years. Currently, locally owned and managed. Included in the 17+ acres, there are 4 acres for future development. Crofton Plaza is the current home for Ace Hardware.
Property Facts
| Price | $8,900,000 | Number of Properties | 9 |
| Price / SF | $160.99 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 55,284 SF |
| Sale Type | Investment | Total Land Area | 35.12 AC |
| Status | Active |
| Price | $8,900,000 |
| Price / SF | $160.99 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 0 |
| Total Building Size | 55,284 SF |
| Total Land Area | 35.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 109 Crofton Pl, Palmyra, VA 22963 | Office | 12,298 SF | 1993 | - |
| 110 Crofton Pl, Palmyra, VA 22963 | Office | 6,608 SF | 2000 | - |
| 112 Crofton Pl, Palmyra, VA 22963 | Office | 5,490 SF | 2001 | - |
| 100 Crofton Pl, Palmyra, VA 22963 | Office | 3,900 SF | 1993 | - |
| 106 Crofton Pl, Palmyra, VA 22963 | Office | 3,776 SF | 1998 | - |
| 105 Crofton Pl, Palmyra, VA 22963 | Office | 3,448 SF | 1993 | - |
|
Ace Hardware
114 Crofton Pl, Palmyra, VA 22963 |
Retail | 10,560 SF | 2004 | - |
|
BP
101 Crofton Pl, Palmyra, VA 22963 |
Retail | 5,784 SF | 1993 | - |
| 107 Crofton Pl, Palmyra, VA 22963 | Specialty | 3,420 SF | 1996 | - |
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Videos
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Photos
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The Crofton Plaza
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