Marcus & Millichap Sells Walmart Shadow-Anchored Retail Center In Covington Virginia For $4.425M

A retail center located at 317 Thacker Avenue & 339 Thacker Avenue in Covington, VA has been sold. The transaction involved a property with a sale price of $4,425,000 and consists of 32,023 square feet. The property is 92% occupied and features tenants including Dollar Tree and T-Mobile.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,425,000
• Square Footage: 32,023
• Price Per Square Foot: $138
• Address: 317 Thacker Avenue & 339 Thacker Avenue
• Market: Covington, VA

Zachary Taylor and Eric Abbott from Marcus & Millichap represented the seller in this transaction. The property is shadow-anchored by Walmart, and the sale reflects the ongoing demand for retail spaces in the area.