For Sale
$4,277,333

13200 Kingston AveChester, VA 23836

NNN Lease, Strong NOI, 12 Years Remaining

Overview

Added:
Dec 11, 2024
Days on market:
113

Highlights

  • $4,277,333 asking price for a Net Leased retail property.
  • NNN lease with Subway and Shell tenants in a multi-tenant building.
  • 12 years remaining on the primary lease term, with 3 five-year renewal options.
  • 6.75% cap rate based on a $288,720 Net Operating Income (NOI).
  • 10% rent increases every five years throughout the base term and option periods.

Property Details for 13200 Kingston Ave

Property type
Retail properties, Grocery and convenience stores

Location Insight

City
Chester
County
Chesterfield
State
Virginia
Latitude
37.3455748
Longitude
-77.344071
13200 Kingston Ave, Chester, Virginia
Leaflet | © OpenStreetMap contributors

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13200 Kingston Ave
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