607 N Main StKilmarnock, VA 22482
Starbucks & Mattress Warehouse
Asset ClassRetail
Overview
Matthews™ is pleased to present the opportunity to acquire a newly constructed two-tenant retail asset located at 607 & 611 N Main Street in Kilmarnock, Virginia. The ±7,000 SF property is leased to Starbucks and Mattress Warehouse, both operating under newly executed 10-year lease terms. Strategically positioned near the intersection of North Main Street (Highway 3) and Hawthorne Avenue, the asset benefits from strong retail visibility and immediate proximity to Walmart Supercenter and several nationally recognized retailers.
Investment Highlights
- Newly constructed ±7,000 SF retail asset featuring Starbucks and Mattress Warehouse, both operating under new 10-year lease agreements, providing long-term income stability.
- 100% occupied property leased to nationally recognized retail tenants with strong brand presence and established operating histories, enhancing credit quality and investment security.
- Prime location near the intersection of North Main Street (Highway 3) and Hawthorne Avenue, directly across from Walmart Supercenter and surrounded by a concentration of national retailers including Tractor Supply, CVS, Verizon, O’Reilly Auto Parts, and Dollar Tree.
- Positioned within the expanding Tidewater region of Virginia, a market that continues to attract investor demand due to its retail growth, tourism activity, and regional economic drivers.
- Attractive surrounding demographics with average household incomes exceeding $95,000 within a three-mile radius, supporting sustained consumer demand and tenant performance.
607 N Main StKilmarnock, VA 22482
Contact
Edward LaycoxExecutive Vice President
License #: License No. 5014702 (MD) 221073 (NC) 0225094421 (VA) B230300924 (WV) ABR006599 (PA) BR98373888 (DC)
(240) 752-0035ed.laycox@matthews.comListing provided by LightBox Revere