600 E Hundred Rd | Chester, VA 23836
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600 E Hundred Rd
Chester, VA 23836
Wawa - Chester, VA (Richmond MSA) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Wawa has been operating at this location since 2002 and recently signed a long-term lease extension with attractive, 7% rental increases every 5 years
- The Property is situated along Route 10 (30,000 VPD), which is a main artery in the area that is home to McDonald's, CVS, Wells Fargo, Wendy's & more
- Wawa was recently ranked as the #2 convenience store in the United States (Food & Wine)
- The rare, Fee Simple NNN Lease structure enables the owner of this property to claim depreciation with respect to the Leased Premises
- Chester, VA, a suburb of Richmond, is experiencing tremendous growth - the population, within a one-mile radius, has grown more than 25% since 2010
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,109 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.64 AC
Zoning
C3, R15 - COMMUNITY BUSINESS DISTRICT
Parking
45 Spaces (8.81 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,368,800 | |
| Land Assessment | $694,400 | Total Assessment | $3,063,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$694,400
Improvements Assessment
$2,368,800
Total Assessment
$3,063,200
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