For Sale | Parc Place in High Traffic Volume Retail Corridor
$17,450,000
11736 West Broad Street, Richmond, VA 23233
For Sale
Retail
Community Center
Active
Last Updated: 07/15/2021
7.32
Cap Rate
9.54
Pro Forma Cap Rate
Details:
Cap Rate: 7.32%
Pro Forma Cap Rate : 9.54%
Building Size: 82,968 sqft
Lot Area: 8.55 acres
Year Built: 2005
Price Per Sqft: $210
Parking Spots: 422
Description:
• Strong location draw from the adjacent Short Pump Town Center.
• Good tenant mix, including Petsmart, Dollar Tree and several other national Tenants.
• Abundant on-site parking (5.09/1,000 SF)
• Vacancy remains tight in the Short Pump submarket of Henrico County (4%).
• Excellent trade area demographics.
• Located in high traffic volume retail corridor.
Documents:
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Offering Memorandum
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Location
Gallery
