11331 Midlothian Tpke - Freestanding FOR SALE


North Chesterfield, VA 23235
$1,800,000 USD
949-270-8210
11331 Midlothian Tpke, North Chesterfield, VA for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/7
null | 9% Cap Rate

11331 Midlothian Tpke
North Chesterfield, VA 23235


HIGHLIGHTS

  • Corporate Guaranteed Lease | Long Operating History
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Located In Chesterfield Crossing | Along U.S. Highway 60 | Dense Retail Center | Nearby National/Credit Tenants

OVERVIEW

SRS National Net Lease is pleased to offer to opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, corporate guaranteed, Lane Bryant investment property located in Richmond, Virginia. The tenant, Lane Bryant #4696 LLC, has aproximately 5 years remaining in the cuurent term. Lane Bryant previously waived their early termination right and extended the lease for an additional 5 years, demonstrating their commitment to the site. The lease is NN with landlord responsibilities limited to roof, structure, and foundation.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lane Bryant | Corp NN | Long Term Occupancy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C3

APN/PARCEL ID

742-70-80-42-000-000

ASK ABOUT THIS PROPERTY

Brian WolfmanSRS Real Estate PartnersMore Info
949-270-8210

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

Brian WolfmanSRS Real Estate PartnersMore Info
949-270-8210

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