805-841 W Constance Rd - Retail FOR SALE


Suffolk, VA 23434
$6,500,000 USD
540-786-8300
805-841 W Constance Rd, Suffolk, VA for Sale
$6,500,000 USD
Retail - FOR SALE
1/19
null | 8% Cap Rate

805-841 W Constance Rd
Suffolk, VA 23434


HIGHLIGHTS

  • Diverse and Established Tenant Mix with National Tenants
  • Located on a Primary Thoroughfare with Excellent Visibility
  • Ample Parking with Easy Ingress and Egress
  • Possible Expansion and/or Pad Site
  • Suffolk City Bus Stop in Front of Store

OVERVIEW

Suffolk West Shopping Center is a busy shopping center with low operating expenses and are occupied by National Tenants and other well-known retailers. There is easy access to main routes U.S. 13/58/460. There are several established housing developments in the area that bring in business to the shopping center. There is a ground lease that expires in 2074 that has a current annual rent of $29,820 NNN. The property encompasses 5 individual parcels on a corner signalized intersection.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Suffolk West Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

325

LAND DETAILS

LAND ACRES

6.54 AC

LAND SF

284,882 SF

ZONING

GENERAL CO

APN/PARCEL ID

350735000,350799000,350800000,351250000,353129000

ASK ABOUT THIS PROPERTY

Christian KailaChristian P. Kaila & AssociatesMore Info
540-786-8300

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Christian KailaChristian P. Kaila & AssociatesMore Info
540-786-8300

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