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Property profile

7061 Cmns Plz Chesterfield, VA 23832

OFF-MARKET
Lifestyle centers
84,094 SF
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Property summary

AI-generated overview

This exceptional 84,094 square foot retail property, located at 7061 Commons Plaza in Chesterfield, Virginia (zip code 23832), presents a compelling investment opportunity. Classified as a Class B building, it features a mix of tenancies within a free-standing building and shopping center configuration, zoned C-3. Currently, there is 4,500 square feet of vacant space available, divisible into units ranging from 2,125 to 4,500 square feet, ideal for a variety of retail uses. The property boasts a prime location at the signalized intersection of Ironbridge Road (Route 10) and Beach Road, ensuring high visibility and accessibility. This strategic location places the property within the heart of Chesterfield County's most significant residential growth area, guaranteeing a robust daytime population and consistent customer traffic. Furthermore, its proximity to Route 288 provides convenient access for both customers and employees. This well-positioned retail center offers a unique chance to capitalize on a thriving market in a rapidly developing area of Chesterfield County. The property's size and flexible space options make it suitable for a range of retail businesses seeking a prominent location with excellent visibility and accessibility.

Property profile

Verified
Property type Lifestyle centers
Total area 84,094 SF

Cap rate & NOI

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

Location

7061 Cmns Plz Chesterfield, VA 23832
Chesterfield metro
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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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