6361 Indian River Rd - Freestanding FOR SALE
Virginia Beach, VA 23464 |
6361 Indian River Rd
Virginia Beach, VA 23464
HIGHLIGHTS
- Attractive Yield in a Primary Market: Rare Opportunity to Acquire a 100% Leased Retail Center in a Densely Populated, High-Demand Submarket
- Value-Add Through Mark-to-Market Rents: Current Rents Are Below Market, With Shorter Lease Terms Offering Near-Term Opportunity to Reposition Tenancy
- Located in a Dominant Retail Corridor: Situated Along a Highly Active Retail Stretch of Indian River Road, Adjacent to a Food Lion– Anchored Center
- Core Coastal Market With Strong Fundamentals: Part of the 1.8 Million-Resident Hampton Roads Metro
- Newer Construction Property: Built in 2008, this Strip Center Boasts Attractive Building Quality
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Kings Creek Shoppes - Virginia Beach, VA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket, Department Store
TOTAL BUILDING SIZE
13670
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1456-24-4833
