Ollie’s Bargain Outlet, Marshall’s, Harbor Freight, Dollar Tree and Grand Home Furnishings occupy roughly 59% of GLA, supported by government and healthcare tenancy including the GSA Social Security Administration and Lincare
100% Leased 183,461 SF Regional Center
The dominant shopping destination in the regional trade area
A 22-tenant rent roll generates $1,364,384 of annual rental income at a $10.44/SF average, leaving room to mark rents to market as leases roll
Laddered Expirations Across Long-Term Anchors
Staggered expirations from anchor tenants over the next 6 years limit rental income risk in any one year
2027- Grand Home Furnishings
2028- Marshalls, Dollar Tree
2031- Harbor Freight
2032- Ollie’s, Goodwill
Landlord-Friendly Lease Terms
13 of the 22 tenants, comprising 82,221 sf, almost 45% of the center, do not have options, allowing for Landlord flexibility in future renewal rental rates and lease up
Dominant Retail Node in Wise, Virginia
Located at 129 Ridgeview Road W, at the corner of Orby Cantrell Highway and Norton Road, the center has anchored the Wise County trade area since 1990
Education- and Regional Trade Area
UVA Wise enrolls 2,235 students, up 23% year over year on a 400-acre campus, while US 23 and US 58 intersect in the county, connecting to I-81, I-26, I-75 and I-77