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YMCA Of Virginia’s Blue Ridge Leases 47,000 SF Retail Space At Tanglewood Mall

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LEASED

Virginia

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Retail47,000 SF
Leased 06/05/2024
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LEASED

YMCA Of Virginia’s Blue Ridge Leases 47,000 SF Retail Space At Tanglewood Mall

4420 Electric Road

See Similar Deals
Retail47,000 SF
Leased 06/05/2024
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Summary

VIRGINIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:47,000 SF
Transaction Type:Lease

The YMCA of Virginia’s Blue Ridge has leased 47,000 square feet of space at Tanglewood Mall in Roanoke County, Virginia. This lease marks an expansion of the YMCA's current presence in the area.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 4420 Electric Road
  • Market: Roanoke, VA
  • Tenant: Mark Johnson - YMCA of Virginia’s Blue Ridge
  • Broker: Wyatt Poatsof - Cushman & Wakefield

Cushman & Wakefield | Thalhimer facilitated this lease agreement, allowing the YMCA of Virginia’s Blue Ridge to enhance its offerings by securing additional space at Tanglewood Mall. Wyatt Poatsof of Cushman & Wakefield represented the tenant, Mark Johnson, in this transaction.

Players

Wyatt Poats
3 deals$2.1M volume(434) 841-0812
BROKER

Details

LEASED
IMAGE: 06/05/2024 ADDRESS: 4420 Electric Road MARKET: Roanoke, VA ASSET TYPE: Retail ~ SF: 47,000 TENANT: Mark Johnson - YMCA of Virginia’s Blue Ridge BROKER: Wyatt Poats - Cushman & Wakefield NOTE: Cushman & Wakefield | Thalhimer has announced that the YMCA of Virginia’s Blue Ridge has leased 47,000 square feet at Tanglewood Mall in Roanoke County, Virginia, for an expansion of its current footprint. Johnson

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Deal Type
Effective Rent (Annual)

$2,694,011.64

Total Lease Value

$26,940,116.38

Net Landlord Cash Flow$2,694,011.64