14571 Benns Church Blvd Smithfield, VA 23430
Cypress Run Plaza, located at 14571 Benns Church Blvd in Smithfield, Virginia (zip code 23430), presents a compelling investment opportunity. This established shopping center, built in 2004, offers a total of 25,000 square feet of retail space across three buildings situated on a 5-acre lot. Currently, 1,830 square feet are available for lease. The property benefits from a Kroger shadow-anchored location, ensuring high visibility and foot traffic along the busy Benns Church Boulevard. The center's design incorporates attractive features such as brick masonry construction, covered walkways providing weather protection for shoppers, and a prominent pylon sign for excellent tenant branding. The buildings are connected by an outdoor courtyard, creating a pleasant shopping environment. The property is located in Isle of Wight County and offers a single-tenant occupancy opportunity within a thriving retail environment. This is an excellent chance to acquire a well-positioned retail space in a strong market. The property's location and existing infrastructure make it an attractive option for a variety of retail businesses.
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Benns Church Preschool High School Daycare Center
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Benn's United Methodist Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.