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5620 Hull Street Rd
Richmond, VA 23224 Swanson

$4,005,000 USD

General Retail For Sale  •  10,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 44,440 SF
  • Lot Size 0.98 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning B-2
30 Transit Score
50 Walk Score

Highlights

Food Lion Anchor: Anchored by an established Food Lion – Virginia’s #1 grocer by market share (over 42%) – providing the neighborhood
Prime Signalized Location: Well-situated at the signalized intersection of Swanson Drive & Hull Street, and less than a mile from McGuire Veterans
Central MSA Market: Located in Richmond, in the ever-expanding Central MSA – a thriving market, which continues to be at the top of the list
National Credit Tenants: Tenant roster is comprised of 2 national credit retailers, Food Lion and Family Dollar, which sits freestanding.
Strong Food Lion Sales: With roughly 8 years of remaining lease term, Food Lion reports very strong sales of $550/SF.
Pad Site Upside: A potential upside component of a separately available pad site in front under separate ownership.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar

Public Transportation

Commuter RailDriveWalkDistance
Richmond Main Street Amtrak Station (Northeast Regional - Amtrak) 12 min - 5.2 mi
AirportDriveWalkDistance
Richmond International 28 min - 13.8 mi
Edward Laycox 703-559-7190 Matthews Real Estate Investment Services
Edward Laycox 703-559-7190 Matthews Real Estate Investment Services