Commercial Realty
BROKERAGE PROPERTIES

Spruce Street Station

1101 Brookdale Street
Martinsville, VA 24112
Spruce Street Station

PRICE REDUCED!!
Strip Mall with 7 Spaces, totaling 48,057 SF located on 8.682 AC Parking Lot.

9.34% CAP Rate

2014 NOI $490,491

87.2% Occupancy


Tenants include Food Lion, ShunXing Restaurant, Flash-Mobile and A Cut Above.





Within 1 mile of Historic Uptown Martinsville, which is easy access to the New College Institute, The National Business College, Martinsville City Hall, The Memorial Hospital of Martinsville / Henry County, Virginia Museum of Natural History, Piedmont Arts and a variety of professional services including medical, banking, and attorneys.

Within 3 miles of the Smith River Sports Complex, a great facility for year round training and diverse sports opportunities, which brings additional revenues to support local businesses and boosts economic growth in the region.

Within 7 miles of the entrance of NASCAR's Martinsville Speedway which seats up to 60,000 race fans that travel from up to 100s of miles away to visit the racetrack and patronize areas lodging and recreational facilities.

Within a half hour drive to Danville Regional Airport in Danville, VA and Blue Ridge Regional Airport in Spencer, VA.

Within an hour drive to Roanoke Regional Airport in Roanoke, VA and Piedmont Triad International Airport in Greensboro, NC.

For more information about the Martinsville Speedway, please clink on the link below:
www.martinsvillespeedway.com

For more information about Historical Uptown Martinsville, please clink on the link below:
www.martinsvilleuptown.com

For more information about the Smith River Sports Complex, please clink on the link below:
www.smithriversportscomplex.com

Sale Price: $4,400,000
For more information contact Jim Barnett, CCIM
Spruce Street Station
Spruce Street Station
Spruce Street Station
Spruce Street Station
Property Type: retail
Property Status: sold