investment sale - images1.loopnet.com · michael allen (757) 640-9475...
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INVESTMENT SALEPUBLICLY TRADED ESSENTIAL RETAILER
398 Wythe Creek RoadPoquoson, Virginia 23662
MICHAEL ALLEN(757) [email protected]
Essential Retailer operating with social distancing during pandemic
Lease Term expires 12/31/2024
Two (2) Five-Year Options with 6% fixed rent increases in Options
Traffic count exceeds 12,500 VPD
Average Household Income of $101,222 within a 5-minute drive
Roof was recently replaced in 2017 with warranty
Proj Yr 1 NOI $60,993
Price - $850,000 | Cap Rate 7.2% | 5-Year IRR 15.5% | Yr 1 Cash on Cash 10%
SITE
WYTHE CREEK RDWYTHE CREEK RD
A Tradition of Forward Thinking
398 WYTHE CREEK ROAD, POQUOSON, VIRGINIA 23662
MICHAEL ALLEN(757) [email protected]
TJ’S SPORTS TAVERN2TJ’S SPORTS TAVERN2
WY
TH
E C
RE
EK
RD
LITTLE FLORIDA RD
POQUOSONPOQUOSONCITY HALLCITY HALL
POQUOSONPOQUOSONPUBLIC LIBRARYPUBLIC LIBRARY
WYTHE CREEK PLAZA WYTHE CREEK PLAZA SHOPPING CENTERSHOPPING CENTER
WYTHE CREEK PLAZAWYTHE CREEK PLAZA
POQUOSONPOQUOSONVETERINARY VETERINARY
HOSPITALHOSPITAL
POQUOSON AUTO REPAIRPOQUOSON AUTO REPAIR
SITE
The information contained herein has been obtained from sources believed to be reliable but is not warranted.We cannot be responsible for errors, omissions, withdrawal, or prior lease.
MICHAEL ALLEN(757) [email protected]
INVESTMENT SALEPUBLICLY TRADED ESSENTIAL RETAILER
398 Wythe Creek RoadPoquoson, Virginia 23662
A Tradition of Forward Thinking
MICHAEL ALLEN(757) [email protected]
KEY FACTS & DEMOGRAPHICS | 398 WYTHE CREEK ROAD, POQUOSON, VA 23662