Marcus & Millichap Brokers Sale of Walmart Shadow-Anchored Center in VA

Marcus & Millichap has brokered the sale of a 32,023-square-foot Walmart Supercenter shadow-anchored retail center in Covington, Virginia. The property sold for $4.425 million. “Shadow center demand remains strong,” said Zach Taylor, senior managing director investments. “We’ve seen a noticeable uptick in buyer activity, as improved debt market conditions are generating renewed confidence and momentum.” ...

Sep 30, 2025 - 03:00
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Marcus & Millichap Brokers Sale of Walmart Shadow-Anchored Center in VA
Marcus & Millichap has brokered the sale of a 32,023-square-foot Walmart Supercenter shadow-anchored retail center in Covington, Virginia. The property sold for $4.425 million. “Shadow center demand remains strong,” said Zach Taylor, senior managing director investments. “We’ve seen a noticeable uptick in buyer activity, as improved debt market conditions are generating renewed confidence and momentum.” ...

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