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920 S Craig Ave
Covington, VA 24426

Rate Upon Request

Unknown For Lease  •  7,000+ SF

Property Details

  • Property Type Unknown
  • Year Built 1986
  • Total Building Size 122,285 SF
0 Transit Score
56 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Industrial 7,000-26,000 SF Rate Upon Request
Centrally located 26,000 SF Flex / Warehouse Building in the heart of Covington.  Enterprise Zone.  16 foot ceiling heights.  2 Dock Height Doors with 1 drive-in door.  Office size: 2,000 SF (approx.) and warehouse space 23,000 SF (approx.).  Lot across the street for additional parking and storage.

  • Date available: Negotiable
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
1st Floor Ste 1 Office/Retail 7,000-28,730 SF Rate Upon Request
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Built out as: Standard Retail
  • Space Type: Relet

Description

NewLink Management Group is proud to offer a unique commercial opportunity located in the City of Covington. The prominent Alleghany Square, anchored by the popular Food Lion, provides a selection of retail spaces ranging from 10,000 to 27,104 square feet. With Food Lion operating as the city's sole full-service grocery store, this location benefits from a steady stream of customers, elevating the potential for visibility and customer engagement.

Anchoring opportunities at Alleghany Square stand out with the inclusion of new pylon signage and abundant parking space, enhancing convenience for both businesses and customers. The property boasts a prime location along a high traffic retail corridor, S. Craig Ave. (Rt. 154), experiencing a daily traffic count of 13,000 vehicles. This bustling artery is surrounded by a plethora of national retailers and restaurants, contributing to an atmosphere of vibrant commercial activity.

In 2022, Alleghany Square drew an impressive one million visitors, demonstrating its strong customer appeal and strategic location. These high foot-traffic figures offer potential tenants a bustling market to tap into. The center also benefits from being in close proximity to Covington High School, which aids in driving consistent foot traffic throughout the day.

The property presents a flexible opportunity with available warehouse/industrial outparcels situated behind Food Lion. Additionally, there's an anchor tenant space next to CVS, offering the option for subdivision to accommodate multiple businesses or to provide a spacious location for a single tenant.

This offering at Alleghany Square in Covington provides not just a retail space, but a thriving commercial environment surrounded by a robust mix of retailers and a steady stream of customers. This center presents a unique opportunity for businesses looking to expand or relocate to a well-established, high-traffic location.

Highlights

Desirable anchor space available within Covington's main retail corridor.
Anchored by Food Lion, the only grocery store located in the City of Covington.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Alliance Xpress Care
Cvs Pharmacy
Food Lion
U.S. Cellular
Verizon
Jonathan Bowden 804-840-0794 Hackney Real Estate
Jonathan Bowden 804-840-0794 Hackney Real Estate