Listing Agency: Divaris Real Estate Inc l***@divaris.com Show Phone

Listed By: Rachel James · License #VA 0225269323

Source: Crexi

Added: Aug 27, 2024 Changed: Jul 10 Last Checked: Jul 30 at 10:37AM

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Investment Insights

Based on property information with market context.

Located in southern Chesterfield County, Village Commons is a shopping center near Virginia State University, which has a student population of 6,000. The center is shadow-anchored by Food Lion and includes Dollar General.

Key Highlights

• Food Lion shadow‑anchored center
• Includes Dollar General
• Located in southern Chesterfield County

Property Analytics

Property Profile

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Pharmacy Parking Lot & Garage Garden Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

144

Businesses Nearby

24k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 78% Shops & Services 22%

Food Lion Grocery Store Groceries

18,470 visits/mo 0.1 miles

Dollar General Shops & Services

5,171 visits/mo 0.1 miles

Demographics for 23803, VA

44,377

Population

19,826

Households

2.2

Avg Household Size

36

Median Age

24%

College-Educated

88%

High-School Grad

72.2 sq mi

ZIP Area

615

Density / Sq Mi

$55,820

Median Household Income

$35,122

Median Earnings

$1,132

Median Rent

$208,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space in Food Lion shadow-anchored shopping center.

Where is this shopping center located?

The property is located at 20825 Woodpecker Rd Ettrick, VA.

What are key features of this property?

This property features: Food Lion shadow‑anchored center; Includes Dollar General; Located in southern Chesterfield County