HIGHLIGHTS
- Phenomenal Reported Store Sales - Since opening in 2020, Tenant has increased store sales YOY and operates at an phenomenal 3.20% rent to sales ratio.
- NNN Lease Structure -Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM).
- Premier Retail Location - Strategically positioned within Waterview Town Center, one of Richmond’s most established retail hub.
- Strong Retail Synergy - Brand-New Sprouts outparcel set to open Summer of 2025.
FOR SALE DETAILS
PRICE
$2,981,250 USD
PRICE/SF
$298 USD /SF
CAP RATE
6.4%
% LEASED
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TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Spec’s Wine, Spirits & Finer Foods
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
0062-00-000-4026-907
ASK ABOUT THIS PROPERTY
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858-414-7849
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858-414-7849
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