Skip to main content

Shopping Strip

Best Buy

11200 W Broad St, Glen Allen, VA 23060

Listing Price: $8,244,756

Cap Rate
7.50%
Gross SF
45,391
Rentable SF
45,391
Price/Gross SF
$181.64
Lot Size
6.13 acres
Year Built
1999

Investment Overview

This investment opportunity is uniquely positioned in the heart of Short Pump, one of the most affluent and high growth retail submarkets in the Mid-Atlantic. At $13.62 PSF, the rent is significantly below market for this corridor, providing a “safety net” for an investor through a low basis and massive intrinsic real estate value.

Investment Highlights

  • TROPHY "MAIN & MAIN" LOCATION
  • OVER-SIZED PARCEL (6.13 ACRES)
  • SIGNIFICANT RENT UPSIDE (MARK-TO-MARKET)
  • EXCEPTIONAL DEMOGRAPHICS
  • SUPERIOR ACCESSIBILITY

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Shopping Strip

Best Buy

Listing Price: $8,244,756

Cap Rate
7.50%
Gross SF
45,391
Rentable SF
45,391
Price/Gross SF
$181.64
Lot Size
6.13 acres
Year Built
1999

Investment Highlights

  • TROPHY "MAIN & MAIN" LOCATION
  • OVER-SIZED PARCEL (6.13 ACRES)
  • SIGNIFICANT RENT UPSIDE (MARK-TO-MARKET)
  • EXCEPTIONAL DEMOGRAPHICS
  • SUPERIOR ACCESSIBILITY

Investment Overview

This investment opportunity is uniquely positioned in the heart of Short Pump, one of the most affluent and high growth retail submarkets in the Mid-Atlantic. At $13.62 PSF, the rent is significantly below market for this corridor, providing a “safety net” for an investor through a low basis and massive intrinsic real estate value.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

MM Texture Background
MM Textured Background Lower