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Property profile

7000 Cmns Plz Chesterfield, VA 23832

OFF-MARKET
Retail properties & Spaces
22,800 SF 1.2 ac lot Built 2000
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Property summary

AI-generated overview

This exceptional 1.2-acre commercial pad site, located at 7000 Commons Plaza in Chesterfield, Virginia (zip code 23832), presents a unique investment opportunity. The property, designated as Courthouse Commons, boasts a Class B rating and is zoned C-3, allowing for a variety of retail uses. Built in 2000, this 22,800 square foot site is situated on a highly visible, signalized intersection of Ironbridge Road (Route 10) and Beach Road, ensuring maximum exposure to a substantial customer base. The location benefits from its proximity to a thriving 84,094 square foot shopping center anchored by a Food Lion grocery store, and is surrounded by other successful retailers including Kroger Marketplace, Aldi, Lidl, Starbucks, and Jersey Mike's Subs. This prime location is strategically positioned within Chesterfield County's most significant residential growth area, guaranteeing a robust daytime population and consistent customer traffic. Furthermore, its convenient access to Route 288 enhances its appeal and accessibility. The property is offered as a NNN lease. This is an unparalleled opportunity to establish a successful retail presence in a high-demand area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2000
Total area 22,800 SF
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

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

Location

7000 Cmns Plz Chesterfield, VA 23832
Chesterfield metro
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Value estimations

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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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