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Shoppes at Bellgrade (Value-Add) 11420-11422 W Huguenot Rd 7,452 SF 100% Leased Retail Building Midlothian, VA 23113 $3,601,624 CAD ($483.31 CAD/SF)
Investment Highlights
- 7,452 Square Feet Retail Strip Center | Two (2) Units | NNN Leases
- Value-Add Opportunity Pharmacy Ready to Vacate w/ 60 Day Notice
- Great Clips: 3% Annual Escalations | Verizon Cell Tower: Additional Income
- Outparcel to Top 10 Kroger in Richmond, VA MSA (Source: Placer Ai)
- 1.13 Acres | 44 Parking Spaces | New Roof Added in 2013
- Dark Pharmacy Still Paying Rent Below Market Rent
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,452 SF
Building Class
B
Year Built
1996
Price
$3,601,624 CAD
Price Per SF
$483.31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.13 AC
Zoning
O-2
Parking
44 Spaces (5.9 Spaces per 1,000 SF Leased)
Frontage
200’ on W Huguenot Rd
Moderately walkable
60/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 741-71-54-46-000-000 | Improvements Assessment | $1,365,715 CAD |
| Land Assessment | $743,170 CAD | Total Assessment | $2,108,885 CAD |
Property Taxes
Parcel Number
741-71-54-46-000-000
Land Assessment
$743,170 CAD
Improvements Assessment
$1,365,715 CAD
Total Assessment
$2,108,885 CAD
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Shoppes at Bellgrade (Value-Add) | 11420-11422 W Huguenot Rd
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