457 Charles H Dimmock Pky | Colonial Heights, VA 23834
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457 Charles H Dimmock Pky
Colonial Heights, VA 23834
Sonic Drive In · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net SONIC Drive-In | Franchise Guarantee | Saja Restaurant Group (10-Unit Franchisee Based in Virginia)
- Strong Restaurant Sales | Reported $2.79 Million in 2023 (14.67% Growth Over 2022) | Rent-To-Sales Ratio: 5.58%
- Core Retail Market: Near Best Buy, Target, Walmart, Sam’s Club, Lowe’s, & Many Other Large Retailers | 7.9 Million SF of Retail within a 5-Mile Radius
- 10 Years Lease Term Remaining | 1.5% Annual Rent Increases | (4) 5-Year Options
- Top Tier Location Per Placer.AI Data | Ranks in the Top 20% Nationally | #2 Location in Virginia
- 4 Miles from Fort Gregg-Adams | 5,907-Acre Military Base | 3rd Largest Army Training Site (70,000 Annual Troops) Daily Population: 29,910 On Post
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,600 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.91 AC
Zoning
B3
Parking
68 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 68216200006 | Improvements Assessment | $416,000 |
| Land Assessment | $699,200 | Total Assessment | $1,115,200 |
PROPERTY TAXES
Parcel Number
68216200006
Land Assessment
$699,200
Improvements Assessment
$416,000
Total Assessment
$1,115,200
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