11801 Route 1 - Storefront FOR SALE


Chester, VA 23831
$7,241,000 USD
858-373-3174
11801 Route 1, Chester, VA for Sale
$7,241,000 USD
Storefront - FOR SALE
1/3
null | 7.25% Cap Rate

11801 Route 1
Chester, VA 23831


HIGHLIGHTS

  • 20-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years
  • Strong Corporate Guaranty, 49+ Locations in 13 States and Expanding
  • World’s Largest Operator of Indoor Shooting Ranges and Industry Leader in Firearm Sales, Training, and Education
  • 2024 Was One of the Highest Years on Record for Firearms Sales, 42% of Households in the U.S. Own 1+ Firearms
  • Virginia Ranked #6 in States with the Most Firearms Sales Since 2020
  • Firearm Retailers Classified Nationally as an Essential Business

FOR SALE DETAILS

PRICE

$7,241,000 USD

PRICE/SF

$549 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Range USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.74 AC

LAND SF

511,275 SF

ZONING

-

APN/PARCEL ID

798-65-80-53-700-000

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.