Multi-Tenant NNN Retail
For Sale
Contact for pricing
Pending
12531 Jefferson Davis Hwy, Chester, VA 23831
Newly constructed retail property occupied by two corporate tenants under long-term net leases.
Property SizeContact for details
Days on Market143
Property Features for 12531 Jefferson Davis Hwy
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
24,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Colliers - Orlando, Florida
Listed By:
Michael Brewster · License #SL3280018
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Orlando, Florida
Investment Insights
Based on property information with market context.
This multi-tenant NNN retail property was constructed between 2021 and 2022 and is occupied by Aspen Dental and Sleep Number. Both tenants are corporate occupants with new leases, providing a weighted average lease term remaining of more than 9 years.
The property is part of Bermuda Square in the Richmond MSA and has 150 feet of frontage along Richmond Highway. It is less than 700 yards from I-95, which carries 124,000 VPD, while Richmond Highway carries 24,000 VPD. Average household income within 5 miles exceeds $100,000.
The property is part of Bermuda Square in the Richmond MSA and has 150 feet of frontage along Richmond Highway. It is less than 700 yards from I-95, which carries 124,000 VPD, while Richmond Highway carries 24,000 VPD. Average household income within 5 miles exceeds $100,000.
Key Highlights
- Newly constructed between 2021 and 2022
- Aspen Dental and Sleep Number are corporate tenants
- Weighted average lease term remaining exceeds 9 years
Property Analytics
Current Use
Lease Details
24,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 23831, VA
37,216
Population
15,430
Households
2.4
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
23.6 sq mi
ZIP Area
1,577
Density / Sq Mi
$92,092
Median Household Income
$52,114
Median Earnings
$1,560
Median Rent
$300,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed retail property occupied by two corporate tenants under long-term net leases.
Where is this nnn property located?
The property is located at 12531 Jefferson Davis Hwy Chester, VA.
What are key features of this property?
This property features: Newly constructed between 2021 and 2022; Aspen Dental and Sleep Number are corporate tenants; Weighted average lease term remaining exceeds 9 years
