Newer Retail
For Sale
Contact for pricing
8324 Passapatanzy Rd, King George, VA 22485
Retail space constructed in 2022 with a recently completed building profile.
Property Size10,640 SF
Price / SF$152.37
Days on Market119
Property Features for 8324 Passapatanzy Rd
General Information
Standard status
Active
Size
10,640 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$111,865
Additional Details
Cap Rate
6.9%
Building Details
Year Built
2022
Tenancy
Single
Listing Agency:
Marcus & Millichap - Richmond
(804) 802-6900
Listed By:
Harrison Jones · License #0225265219
Source:
Crexi
Added: May 4
Changed: Aug 29
Last Checked: Aug 29 at 9:02PM
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 Marcus & Millichap - Richmond
Investment Insights
Based on property information with market context.
This retail space contains 10,640 square feet and was constructed in 2022, offering a relatively recent commercial building for retail use. The property is located at 8324 Passapatanzy Rd in King George, Virginia.
The offering is identified with a 6.90% CAP rate, providing a stated investment metric for review alongside the building’s size, age, and retail classification.
The offering is identified with a 6.90% CAP rate, providing a stated investment metric for review alongside the building’s size, age, and retail classification.
Key Highlights
- 10,640‑square‑foot retail space
- Constructed in 2022
- 6.90% CAP rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,637 visits/mo
0.2 miles
Demographics for 22485, VA
26,025
Population
10,318
Households
2.5
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
175.8 sq mi
ZIP Area
148
Density / Sq Mi
$110,657
Median Household Income
$55,025
Median Earnings
$1,373
Median Rent
$395,900
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?
Retail space - Retail space constructed in 2022 with a recently completed building profile.
Where is this retail space located?
The property is located at 8324 Passapatanzy Rd King George, VA.
What is the asking price?
The asking price for this property is $1,621,232.
What are key features of this property?
This property features: 10,640‑square‑foot retail space; Constructed in 2022; 6.90% CAP rate
