11263 Washington Highway
Glen Allen, VA
Price:
$6,498,000
Cap Rate:
4.50%
NOI:
$292,391
Building Size:
Approx. 4,050 Sq. Ft.
Lot Size:
Approx. 2.38 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2021
Investment Overview
- 2021 Construction. 4,050+/- SF Building on 2.38+/- Acre Site
- Brand New Build-to-Suit Absolute NNN Lease w/ 10% Rent Bumps Every 5 yrs
- Strategically Located Along Washington Highway / US-1 (31K VPD)
- Near Subway, Dunkin’, Wendy’s, Walmart, Bass Pro Shops, CVS, Domino’s
- Subject Property will Feature High Speed Diesel Dispensers
- Strong Income Demos with $114,451 within a 5-mile Radius
- Glen Allen | 10 Minutes from Downtown Richmond | Population: 16K+