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Property profile

2400 Hungary Rd Henrico, VA 23228

OFF-MARKET
Neighborhood centers
12,000 SF Built 2024
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Property summary

AI-generated overview

The Shops at Ainsworth, a brand-new 12,000 square foot retail strip center, presents a unique investment opportunity in Henrico, Virginia. Completed in 2024, this single-story building boasts seven individual suites, currently entirely vacant and available for lease. The minimum leasable space is 1,700 square feet, with a maximum contiguous space of 12,000 square feet, offering flexibility for various retail concepts. Located at 2400 Hungary Rd, near Woodman Rd, the property benefits from high visibility and convenient access. The zoning is commercial, ensuring suitability for a wide range of retail businesses. This exceptional location is further enhanced by its proximity to a substantial residential community, comprising 278 apartments and 72 townhomes situated directly behind the retail center, providing a built-in customer base. The property is offered on a triple net (NNN) lease basis, with all associated costs included in the rent. This presents a streamlined and predictable operating expense structure for tenants. The Shops at Ainsworth offers an unparalleled opportunity to establish a thriving retail presence in a rapidly growing area of Henrico, VA. The entire 12,000 square feet is available for lease to a single tenant or can be divided among multiple tenants. Contact us today to learn more about this exceptional retail opportunity.

Property profile

Verified
Property type Neighborhood centers
Year built 2024
Total area 12,000 SF

Cap rate & NOI

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

Location

2400 Hungary Rd Henrico, VA 23228
Henrico 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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