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Property profile

4408 Hundred Rd Chester, VA 23831

OFF-MARKET
Lifestyle centers
2,500 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents two retail spaces within the thriving Chester Village Shopping Center in Chesterfield County, Virginia. The property boasts a combined total of 4,900 square feet of retail space, plus a 2,500 square foot outparcel, offering significant flexibility for various commercial uses. The main retail space is situated within the established Chester Village Shopping Center, benefiting from existing tenant synergy and high visibility. The outparcel provides additional development potential. The property is conveniently located on Route 10 (W Hundred Rd), a major thoroughfare with a high daily traffic volume of 23,000 vehicles. This strategic location ensures excellent exposure and accessibility for businesses. The C-3 zoning allows for a wide range of commercial uses, enhancing the property's versatility. Adding to its appeal, the property is situated near a substantial residential population, with nearly 37,000 daytime employees within a 5-mile radius, providing a robust customer base. The asking price for this exceptional retail property is $495,000. The property's location, zoning, and size make it an ideal investment for both established businesses and new ventures seeking a prime location in a high-traffic area. Don't miss this chance to acquire a valuable asset in a rapidly growing market.

Property profile

Verified
Property type Lifestyle centers
Total area 2,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy

Location

4408 Hundred Rd Chester, VA 23831
Chester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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