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Midlothian Village Square
13826 Village Place Drive, Midlothian, VA 23114
$1,990,000
4,935 SF
$403.24
Shopping Center
Strip Center
Investment
2.25%
8.25%
100%
Multiple
2007
0.94 AC
-
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Last Verified 11/17/2009
Listing ID 16310487
Highlights
Triple Net Leases- Strong Anchor Tenant Sales
- Highly Affluent Area
- Annual Base Rent Escalations
- Dominant Retail Corridor
Description
Established Tenant mix with long term leases, triple net rents and annual base rent escalations.
Brand new development in one of Richmond's most affluent areas. Brick construction with approx. 3,000 sf of covered patio space, three outodoor wood burning fireplaces and gas lamp lighting.
Located at Charter Colony Drive and Midlothian Turnpike on one of Richmond's most successful retail corridors. In the path of substantial residential growth towards the recently completed western loop beltway - Route 288. Average assessed home values range from $500k - $650k.
Actual
$164,175
Map of 13826 Village Place Drive, Midlothian, VA 23114 (Chesterfield County)
Created 7/9/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.