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5700-5760 Hopkins Rd
Richmond, VA 23234

$23,000,000 USD

Storefront For Sale  •  162,765 SF

Property Details

  • Property Type Storefront
  • Total Building Size 162,671 SF
  • Lot Size 13.13 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 6.98 %
  • Tenancy Multiple
  • Zoning C-3
0 Transit Score
40 Walk Score

Highlights

Walmart Neighborhood Market anchors the center on a long term ground lease
Marshalls (TJX) and Burlington recently signed 10 year leases and are now open for business
Marshalls is a relocation from nearby Meadowdale Center, demonstrating the strength of the subject property’s prime location within the trade area
Two outparcel buildings (NAP) have recently signed new leases, further underscoring the strong tenant demand for the property
New national QSR currently under development at the hard corner (may be available separately; contract Broker for more details)
Meadowbrook Plaza attracted 2 million visitors last year, prior to Marshalls and Burlington opening for business (source: Placer.ai)

Property Flyers

Cap Rate: 6.98 %

Public Transportation

AirportDriveWalkDistance
Richmond International 23 min - 13.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 323
Type: Surface
Included in Rent: Yes
Zeb Ripple 415-274-2702 CP Partners CRE
Zeb Ripple 415-274-2702 CP Partners CRE