Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com
Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com
David Webb
7043791967 Office
7043791988 Fax
webb@berkeleycap.com
   
Statler Square

OFFERING SUMMARY

Statler Square is located in Staunton City which is the county seat of Augusta. Statler Square is a well established retail property located one-mile from the historic district of downtown Staunton, Virginia. The 133,660 square-foot retail center is 89% occupied and is anchored by Kroger, Kroger Fuel and Staples.

SUBMARKET OVERVIEW

Statler Square is situated in the heart of Staunton's retail section, one mile east of the historic downtown district. The shopping center sits along Statler Boulevard, which is the main corridor connecting two major retail thoroughfares, Highway 11 and Highway 250.

Staunton is located in Augusta County, Virginia, nestled amidst the Blue Ridge and Allegheny Mountains. It is easily accessible from two major interstates: I-64 and I-81, along with routes 11 and 250 from the Blue Ridge Parkway and Skyline Drive.

 



OFFERING MEMORANDUM & FILES
Statler Square Argus
Statler Square Offering Memorandum
 
Profiles
  Map/Directions
Name: Statler Square
Size: 133,660 square feet
Location: 650 Statler Blvd
Market: Staunton, Virginia
Year Delivered: 1996
Land Size: +/- 14 acres
Leasing Status: 89% leased
Parking Spaces: 478 spaces
   
Anchor Tenants Lease Expiration Square Feet
Kroger 01/01/2021 65,003
Staples 11/01/2012 24,170
   
NET OPERATING INCOME $1,063,089
   
CAP RATE -
   
OFFERING PRICE Unpriced
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