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2201-2221 Kecoughtan Rd 30,257 SF 100% Leased Retail Building Hampton, VA 23661 $2,797,548 CAD ($92.46 CAD/SF) 5.40% Cap Rate


Executive Summary
Anchored by large-format Dollar General
Recession proof tenant base; 3 national tenants
Shadow anchored by high-performing AutoZone
Lighted northwest corner of Kecoughtan and Chesterfield Roads; bordered by 3 streets
High visibility on Kecoughtan Road
Upside potential: Excess space within Dollar General for recapture
Recession proof tenant base; 3 national tenants
Shadow anchored by high-performing AutoZone
Lighted northwest corner of Kecoughtan and Chesterfield Roads; bordered by 3 streets
High visibility on Kecoughtan Road
Upside potential: Excess space within Dollar General for recapture
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,257 SF
Building Class
C
Year Built
1940
Price
$2,797,548 CAD
Price Per SF
$92.46 CAD
Cap Rate
5.40%
NOI
$151,068 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
1.00
Lot Size
0.69 AC
Zoning
C1 - C-1
Parking
100 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1003657 | Improvements Assessment | $900,031 CAD |
| Land Assessment | $139,240 CAD | Total Assessment | $1,039,271 CAD |
Property Taxes
Parcel Number
1003657
Land Assessment
$139,240 CAD
Improvements Assessment
$900,031 CAD
Total Assessment
$1,039,271 CAD
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2201-2221 Kecoughtan Rd
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