Retail Space /VA /Spotsylvania County /Fredericksburg /5420 Southpoint Plaza Way
Retail Space /VA /Spotsylvania County /Fredericksburg /5420 Southpoint Plaza Way

5420 Southpoint Plaza Way - Storefront Retail/Office FOR SALE


Fredericksburg, VA 22407 | 
$2,830,000 USD
540-623-4565
5420 Southpoint Plaza Way, Fredericksburg, VA for Sale
$2,830,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 6.02% Cap Rate
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5420 Southpoint Plaza Way
Fredericksburg, VA 22407

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HIGHLIGHTS

  • 100% Occupied Three-Tenant Retail Investment
  • Featuring Chipotle, Quickway Japanese Hibachi & Clean Eatz
  • Surrounded by Over 2 Million SF of Retail & Commercial Space
  • Built-In Rent Growth with Renewal Options
  • Less Than ½ Mile from Interstate 95 (110,000 VPD)
  • 2nd-Tier Location Along Route 1 / Patriot Highway (56,000 VPD)

OVERVIEW

Johnson Realty Advisors is pleased to present a 7,758 SF, 100% occupied three-tenant retail investment featuring Chipotle Mexican Grill, Quickway Japanese Hibachi, and Clean Eatz. The offering provides investors with established tenancy, strong annual base rent, and a 6.02% in-place cap rate.

FOR SALE DETAILS

PRICE

$2,830,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southpoint Plaza IV

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

C3

APN/PARCEL ID

35-7-I2

ASK ABOUT THIS PROPERTY

Fitzhugh JohnsonJohnson Realty Advisors, Inc.More Info
540-623-4565

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Fitzhugh JohnsonJohnson Realty Advisors, Inc.More Info
540-623-4565

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

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