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Triangle Plaza Shopping Center

$3,200,000

185 Old Courthouse Road, Appomattox, VA 24522

Active
Last Updated: 02/19/2025

1.4

Cap Rate

46,000

NOI

Details:
Cap Rate:    1.4%
NOI:    $46,000
Building Size:    79,000 sqft
Lot Area:    9.45 acres
Occupancy:    95%
Units:    2
Year Built:    1970
Zoning:    B2
Floors:    1
Parking Spots:    400
Heating:    Yes
Cooling:    Yes
Description:

The property contains a retail multi-tenant building (79,000 SQ FT) and a free-standing building on an excellent retail corner with a traffic light on the four-way intersection of Oakville Road and Old Courthouse Road. There is a pylon sign at the entrance the property on Oakville Road. Triangle Plaza hosts a variety of retail stores, including national chain stores, local businesses, and essential services. These can range from grocery stores and restaurants to clothing outlets and specialty shops.


The shopping center is situated along Richmond Highway (U.S. Route 460), a major thoroughfare that connects Appomattox with nearby towns and cities. This highway is a primary route for travelers heading towards Lynchburg or Richmond. Triangle Plaza is close to several local attractions, including the Appomattox Court House National Historical Park, which draws many visitors interested in Civil War history. Additionally, the downtown Appomattox area is only a short drive away, providing easy access to both local businesses and historical landmarks.

Map:
Location