Property profile

11400 West Huguenot Rd Midlothian, VA 23113

FOR LEASE
Shopping centers
Property ID
US87-0968168
48,224 SF 7.18 ac lot Built 1991
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The Shoppes at Bellgrade, located at 11400 West Huguenot Road in Midlothian, Virginia (zip code 23113), presents a compelling investment opportunity. This retail strip center boasts a total building area of 141,305 square feet, situated on a sizable 10.2-acre lot. The property is conveniently located at the prominent intersection of Huguenot and Robious Roads, just north of Chesterfield Towne Center, ensuring high visibility and accessibility. Currently, one retail space of 210 square feet is available. The property is zoned O-2 within Chesterfield County. The address is easily accessible from Robious Road. This multi-tenant property offers a strong potential for return on investment due to its prime location and substantial size. The property's strategic placement near Chesterfield Towne Center further enhances its appeal to potential tenants and investors. Detailed information regarding lease terms and conditions for the available space is available upon request. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving Midlothian market.

Property profile

Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 1991
Total area 48,224 SF
Lot 7.18 ac (312,587 SF)
Zoning code O2 - CORP OFFICE DIST
APN 741-71-50-18-600-000
UPID US87-0968168

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
  • Bank Credit Union
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Pet Store & Service
  • Restaurant
  • Pharmacy

Location

11400 West Huguenot Rd Midlothian, VA 23113
Midlothian metro Census 100926 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.36M

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2017
$1.3M
2016
$10.9M
2011
$2.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O2 - CORP OFFICE DIST · Midlothian, VA

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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