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    14571 Benns Church Blvd Smithfield, VA 23430

    For Lease
    Contact for pricing

    High-traffic location, 1,830 SF available

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Cypress Run Plaza, located at 14571 Benns Church Blvd in Smithfield, Virginia (zip code 23430), presents a compelling investment opportunity. This established shopping center, built in 2004, offers a total of 25,000 square feet of retail space across three buildings situated on a 5-acre lot. Currently, 1,830 square feet are available for lease. The property benefits from a Kroger shadow-anchored location, ensuring high visibility and foot traffic along the busy Benns Church Boulevard. The center's design incorporates attractive features such as brick masonry construction, covered walkways providing weather protection for shoppers, and a prominent pylon sign for excellent tenant branding. The buildings are connected by an outdoor courtyard, creating a pleasant shopping environment. The property is located in Isle of Wight County and offers a single-tenant occupancy opportunity within a thriving retail environment. This is an excellent chance to acquire a well-positioned retail space in a strong market. The property's location and existing infrastructure make it an attractive option for a variety of retail businesses.

    Property Features for 14571 Benns Church Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF

    Building Details

    Year Built
    2004

    Unit(s) available at that property

    Space
    Suite 13470
    Size
    1,830 SF

    HighLights

    • Centrally located in Smithfield's primary retail corridor.
    • High traffic count of 28,000 vehicles per day on Benns Church Blvd.
    • Shadow‑anchored by Kroger, with nearby retailers including Rite Aid, Dollar Tree, and Tractor Supply Co.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Benns Church Preschool Preschool Benn's United Methodist ... United Methodist Church

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Convenience Store Daycare Center Pawn Shop Smoke and Vape Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Isle of Wight
    State
    Virginia
    Longitude
    -76.5853768
    Latitude
    36.937278

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic location, 1,830 SF available
    Where is this lifestyle center located?
    The property is located at 14571 Benns Church Blvd Smithfield, VA.
    What are key features of this property?
    This property features: Centrally located in Smithfield's primary retail corridor.; High traffic count of 28,000 vehicles per day on Benns Church Blvd.; Shadow-anchored by Kroger, with nearby retailers including Rite Aid, Dollar Tree, and Tractor Supply Co.
    Request Owner's contact information
    14571 Benns Church Blvd Smithfield, VA 23430
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    Smithfield, VA 23430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14571 Benns Church Blvd Smithfield, VA 23430
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