5620 Hull Street Rd - Retail FOR SALE


Richmond, VA 23224- Swanson
$4,005,000 USD
703-559-7190
5620 Hull Street Rd, Richmond, VA for Sale
$4,005,000 USD
Retail - FOR SALE
1/3
null | 7.5% Cap Rate

5620 Hull Street Rd
Richmond, VA 23224
Swanson


HIGHLIGHTS

  • Food Lion Anchor: Anchored by an established Food Lion – Virginia’s #1 grocer by market share (over 42%) – providing the neighborhood
  • Prime Signalized Location: Well-situated at the signalized intersection of Swanson Drive & Hull Street, and less than a mile from McGuire Veterans
  • Central MSA Market: Located in Richmond, in the ever-expanding Central MSA – a thriving market, which continues to be at the top of the list
  • National Credit Tenants: Tenant roster is comprised of 2 national credit retailers, Food Lion and Family Dollar, which sits freestanding.
  • Strong Food Lion Sales: With roughly 8 years of remaining lease term, Food Lion reports very strong sales of $550/SF.
  • Pad Site Upside: A potential upside component of a separately available pad site in front under separate ownership.

OVERVIEW

Broker of Record Kyle Matthews License # 226035518, 225225982 (VA) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,005,000 USD

PRICE/SF

$401 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hull Street Marketplace

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

B-2

APN/PARCEL ID

C007-0355-022

ASK ABOUT THIS PROPERTY

Edward LaycoxMatthews Real Estate Investment ServicesMore Info
703-559-7190

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Edward LaycoxMatthews Real Estate Investment ServicesMore Info
703-559-7190

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