701 N Battlefield Blvd | Chesapeake, VA 23320
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- LoopNet Team
701 N Battlefield Blvd
Chesapeake, VA 23320
Woodford Square Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 85,323 SF COMMUNITY SHOPPING CENTER — Privately-owned and operated 85,323 square foot Harbor Freight Tools anchored shopping center currently 100% lea
- LEADING RETAIL SUBMARKET — The Greenbrier/Battlefld retail submarket has enjoyed an exceptionally low vacancy rate of 5% ensuring tenant demand. The s
- STRONG RETAIL DEMOGRAPHICS — Woodford Square is represented with an extremely well populated and affluent trade area with a population of 175,957 and
- LONG-TERM TENANTCOMMITMENTS — With an average WALT tenure of 9.1 years and remaining WALT 5.3 years Woodford Square’s tenants remain committed to the
- IDEALLY SITUATED ALONG SUBMARKET’S MAJOR RETAIL CORRIDOR — Strategically positioned at a signalized intersection along Battlefield Blvd. (47,301 VPD),
- OFFERED FREE-AND-CLEAR OF EXISTING DEBT — The property is being offered for sale unencumbered and expected to trade at a discount to replacement cost.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
85,323 SF
Building Class
B
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.20
Lot Size
9.56 AC
Zoning
B1 - B-1
Parking
668 Spaces (7.83 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 0370000001241 | Improvements Assessment | $4,398,500 |
| Land Assessment | $4,013,500 | Total Assessment | $8,412,000 |
PROPERTY TAXES
Parcel Number
0370000001241
Land Assessment
$4,013,500
Improvements Assessment
$4,398,500
Total Assessment
$8,412,000
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