Attention, savvy investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity—a prestigious former Aaron's location awaiting your acquisition in Petersburg, Virginia. Prepare to be captivated by the numerous advantages this property offers, strategically positioned along a prominent retail corridor within the bustling Richmond MSA.
With its direct frontage to S Crater Road, your investment will enjoy unparalleled visibility and accessibility, courtesy of the impressive daily traffic count of nearly 12,000 vehicles. Imagine the exposure your business could receive in such a high-traffic location—talk about prime real estate!
Spanning an impressive 8,160 square feet, this meticulously positioned building resides at the heart of a vibrant community, surrounded by a 5-mile population of approximately 50,000 residents. But it doesn't stop there—the allure extends even further, with a 10-mile population density reaching a staggering 145,000 individuals. That's a significant consumer base right at your doorstep, eagerly waiting for your business to make its mark.
This extraordinary property sits within close proximity to renowned national retailers, including the mighty Walmart. Picture the synergy and foot traffic generated by such esteemed neighbors—your business will undoubtedly reap the rewards of being part of this dynamic retail ecosystem. The property's enviable location also places it within easy reach of the esteemed Bon Secours medical center—a testament to its desirability and potential to attract a diverse range of customers. The possibilities are endless when you consider the footfall generated by medical center visitors, creating a steady flow of potential patrons for your venture.
Ready to make your move? This stand-alone building offers you the flexibility to choose between a sale or lease, ensuring it perfectly aligns with your investment strategy. Priced enticingly at $1,695,000, this opportunity comes with an Absolute Net Lease that promises a fruitful investment journey. With a projected monthly net income of $12,580, you can expect a remarkable 9% capitalization rate, solidifying a compelling return on your investment.
Now is the time to seize this extraordinary chance to acquire a premium commercial property in Petersburg, Virginia. Don't hesitate—reach out to Noble Group with eXp Realty today. Uncover the untapped potential of this remarkable opportunity and witness your business flourish like never before. The door to success awaits—will you open it?
