Shopping Strip
Best Buy
11200 W Broad St, Glen Allen, VA 23060
Listing Price: $8,244,756
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
Listing Price: $8,244,756
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