6720 Mooretown Rd - Bank FOR SALE


Williamsburg, VA 23188
$3,285,000 USD
972-616-4720
6720 Mooretown Rd, Williamsburg, VA for Sale
$3,285,000 USD
Bank - FOR SALE
1/4
null | 4.75% Cap Rate

6720 Mooretown Rd
Williamsburg, VA 23188


HIGHLIGHTS

  • New 15-Year Lease | Absolute NNN Ground Lease
  • Guaranty from Nation's Largest Bank
  • Attractive Rent Increases
  • Near Major Traffic Drivers | Signalized Access to the Site
  • High-Traffic Trade Area
  • Newly Renovated

OVERVIEW

Northmarq, on behalf of ownership, is pleased to offer the new Chase Bank located in the picturesque and historic city of Williamsburg, VA. Williamsburg is the halfway point between Richmond and Norfolk-Virginia Beach nestled between the York and James Rivers along I-64. Renovations on the 3,992 SF building will be completed in early-2025 to suit Chase Bank. The Property is situated on 1.16 acres on a signalized hard corner neighboring Chick-Fil-A and as an outparcel to Home Depot. Other notable neighbors include the Sentara Williamsburg Regional Medical Center, Walmart Super Center, and Lowe's.

FOR SALE DETAILS

PRICE

$3,285,000 USD

PRICE/SF

$823 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chase Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

EO

APN/PARCEL ID

C19C-0165-2077

ASK ABOUT THIS PROPERTY

Christopher AdamsNorthmarqMore Info
972-616-4720

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Christopher AdamsNorthmarqMore Info
972-616-4720

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