Property Details

University Marketplace 3-Tenant Retail

Winchester, VA
Property ID: 8858

Financial Summary

Asking Price $3,400,000
Cap Rate 6.00%
Net Operating Income (NOI) $204,125
Lease Type NN
Lease Term Remaining 10 Years
The Offering Memorandum for this property is no longer available.

Contact

Jonathan W. Hipp
President & CEO
703.787.4725
Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Brand new development, 2016 construction with 10-year leases
  • Structured rent increases throughout the primary lease term & extension options
  • Located in the heart of Winchester, immediately across from Shenandoah University with total enrollment of 4,050+ students
  • University Marketplace is a brand new 50,000 SF retail development with signalized access, good visibility and high traffic counts
  • Dense retail corridor includes The Fresh Market, Dick’s Sporting Goods, Planet Fitness, Roy Rogers, Jiffy Lube, Sheetz and more

Location

1523 S Pleasant Valley Rd
Winchester, VA

Traci BidingerUniversity Marketplace 3-Tenant Retail