Cleeman Realty Group (CRG) is pleased to announce the $7,700,000 sale of a Food Lion and Tractor Supply anchored shopping center on Roanoke Street in Christiansburg, VA. The shopping center is made up of 170,000 SF of leasable space on a 17.00 acre lot. At the time of sale, the center was 88% occupied.
Jacob Baruch of Cleeman Realty Group, represented both the buyer and seller in the off-market transaction.
“the buyer was attracted to Food Lion’s strong sales volume and the great upside potential of filling up the vacant space” said Baruch.
Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. The Cleeman team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, please contact one of our team members at www.cleeman.com