12511-12525 Jefferson Davis Hwy | Chester, VA 23831
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12511-12525 Jefferson Davis Hwy
Chester, VA 23831
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Seasoned and top-performing national anchors Mattress Firm and Subway accounting for 47.1% of GLA and 38.6% of Revenue
- 6 out of 8 tenants with history of multiple renewals and new 10-year Slay Burgers lease
- Over 80,000 residents within 5 miles earning average household incomes approaching $113,000 annually
- End cap Mattress Firm expires in February 2027 with no options and is +17% below market
- Less than 700 yards from I-95 (125,000 VPD) resulting in an expanded drawing radius for customers
- Richmond MSA location in the capital of Virginia – the #1 state for business in 2024 (CNBC)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,894 SF
Building Class
C
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
0.39 AC
Zoning
C5 - Community Business District
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 799-65-42-82-700-000 | Improvements Assessment | $5,203,000 |
| Land Assessment | $79,800 | Total Assessment | $5,282,800 |
PROPERTY TAXES
Parcel Number
799-65-42-82-700-000
Land Assessment
$79,800
Improvements Assessment
$5,203,000
Total Assessment
$5,282,800
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