Shopping Strip
Stonewall Square | Growing Richmond Retail Market | 15,922 SF Essential Retail
6300 Mechanicsville Tpke, Mechanicsville, VA 23111
Listing Price: $3,766,696
Investment Overview
Marcus & Millichap, on behalf of Ownership, is pleased to present Stonewall Square, a fully occupied
15,922-square-foot neighborhood center located in the rapidly growing Richmond submarket of
Mechanicsville, Virginia (the “Offering”). The Property is 100% leased to a curated mix of serviceoriented
retailers in one of the region’s most active retail corridors. The Offering boasts a strong
compound annual growth rate (CAGR) of 4.15% and a weighted average remaining lease term (WALT)
approaching five years. Combined with the center’s below-market rents, it provides investors with
both stable in-place cash flow and a clear path to increased returns over the course of ownership.
Shopping Strip
Stonewall Square | Growing Richmond Retail Market | 15,922 SF Essential Retail
Listing Price: $3,766,696
Investment Highlights
- 15,922 SF NEIGHBORHOOD RETAIL CENTER
- 100% LEASED BY A MIX OF SERVICE-ORIENTED RETAILERS
- ATTRACTIVE 4.15% CAGR
- DESIRABLE SUBURBAN RICHMOND EXPANDING TRADE AREA – KROGER EXPANSION AND NEW PUBLIX
Investment Overview
Marcus & Millichap, on behalf of Ownership, is pleased to present Stonewall Square, a fully occupied 15,922-square-foot neighborhood center located in the rapidly growing Richmond submarket of Mechanicsville, Virginia (the “Offering”). The Property is 100% leased to a curated mix of serviceoriented retailers in one of the region’s most active retail corridors. The Offering boasts a strong compound annual growth rate (CAGR) of 4.15% and a weighted average remaining lease term (WALT) approaching five years. Combined with the center’s below-market rents, it provides investors with both stable in-place cash flow and a clear path to increased returns over the course of ownership.
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