This Retail Property is no longer advertised on LoopNet.com.

883 E 2nd St
Chase City, VA 23924
100% Occ. | Roses Anchored Center | $236K NOI · Retail Property For Sale

Investment Highlights

  • NOI: $235,674.56
  • Roses with a 5% rent-to-sales ratio providing a strong anchor with very healthy and sustainable sales
  • Bite sized deal that provides buyers with an opportunity to obtain a national center at a low price point
  • 100% occupied Roses anchored necessity-based retail center
  • Low rental rates with an average rental rate of $5 PSF, providing low risk and easily achievable rents
  • 1 hour from Raleigh NC & Durham NC being extremely close to the Research Triangle Region

Property Facts

Property Type
Retail
Property Subtype
Supermarket
Building Size
60,234 SF
Building Class
B
Year Built
1988
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
8.67 AC
Zoning
B2
Parking
486 Spaces (8.07 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
27875
Land Assessment
$60,000
Improvements Assessment
$0
Total Assessment
$60,000
  • Listing ID: 25753364

  • Date on Market: 5/20/2022

  • Last Updated:

  • Address: 883 E 2nd St, Chase City, VA 23924

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