757-228-1840
456-476 Wythe Creek Rd, Poquoson, VA for Sale
Retail - FOR SALE
1/10
null | Request Cap Rate

456-476 Wythe Creek Rd
Poquoson, VA 23662


HIGHLIGHTS

  • Credit Fitness and Discount Anchors with Brand New Long-Term Lease
  • Stabilized and Tenured Rent Roll with Tangible Rent Growth
  • Prime Retail Location
  • Premier Location in the Region’s Wealthiest City
  • Strong Rental Income Growth

OVERVIEW

Colliers is pleased to exclusively offer for sale, Poquoson Shopping Center (the “Property”), a Planet Fitness anchored 57,458 sf stabilized neighborhood retail asset positioned in the heart of the desirable Poquoson trade area. The center benefits from its highly visible location at main and main along Wythe Creek Road at Victory Blvd, the primary commercial corridor connecting Poquoson to the greater Hampton Roads region. The new long-term lease with Planet Fitness, a nationally recognized credit tenant and strong operator, brings a steady traffic driver and strengthens the long-term profile of the asset. The lease further reflects a meaningful commitment to the location by Planet Fitness and underscores the center’s strong local demographics and sustained retail demand. Complemented by a diverse tenant mix of service-oriented and daily-needs retailers, the Property serves as a community hub for nearby residents, drawing consistent traffic throughout the day. The center’s functional layout, accessible parking field, and stable occupancy further enhance its competitive positioning within the market. The offering provides a compelling opportunity to acquire a stabilized retail asset with immediate in-place yield, backed by a durable income stream from a national credit anchor. With limited retail competition in the immediate trade area and strong household incomes, the center is well positioned for long-term value preservation and rent growth.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Poquoson Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

259

LAND DETAILS

LAND ACRES

4.59 AC

LAND SF

199,940 SF

ZONING

B2

APN/PARCEL ID

27-01-00-0108

ASK ABOUT THIS PROPERTY

Jeffrey FritzColliers | VirginiaMore Info
757-228-1840

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

Jeffrey FritzColliers | VirginiaMore Info
757-228-1840

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