211 Providence Rd - Retail FOR SALE
Chesapeake, VA 23325 |
211 Providence Rd
Chesapeake, VA 23325
HIGHLIGHTS
- Current owner has invested over $1 million in renovations to the recently vacated grocery box
- All FF&E conveys with the purchase including the compressors, which are offered in "as-is" condition
- Five of the center's eight small shop tenants have been in the center for over 15 years
- Easy access to I-64 and I-264
- Offered free and clear of any existing debt obligation
OVERVIEW
Holly Point Shopping Center is a 65,338 square foot neighborhood shopping center located in Chesapeake, Virginia. The Property is currently 24.27% leased, with tremendous value creation potential through the occupancy or lease up of a 44,559 square foot former grocery box and 4,921 square feet of small shop space.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Holly Point Shopping Center
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
65338
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
252
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0190000000030
