NN leased Investment
NN Leased Massaponax
Retail Center at Cosner's Corner Fredericksburg, VA
Asking
Price $7,550,000 | CAP Rate 7.50%
NOI $566,428
Rent/Month $47,202
Rent/SF $28.16
Rentable
Square Feet 20,000
Parking
Spaces 126
Tenant
Name Sleepy's,
Subway, Pan Asian, ML Investments, Mexico Grill
Guarantor Varies
Ownership
Type Fee
Simple
Lease
Type NN
Lease
Expiration Date 2013-2018
Increases Avg.
$2.13/foot/year
INVESTMENT
HIGHLIGHTS
20,000
foot Strip Center with 5 active leases within a 75 store Power Center.
Minutes
from the new HCA Spotsylvania Regional Medical Center with opportunity for
Medical Office recruitment.
Just off
I-95 Exit 126 Massaponax at intersection of Spotsylvania Parkway.
Easy
access to regional commuters, area shoppers and 2500 new homes.
Shadow
anchored by Target, Marshall's, Ross', Petsmart, Staples, Dick's Sporting
Goods, Kohl's
Well
established asset in hot Washington DC market
LOCATION
OVERVIEW
JUST SOLD
Cedar Creek Station Heritage Hunt Retail Center
For More
information Contact:
Betty Learned Friant
Vice
President
(703)
787-4714 x16
CALKAIN
REALTY ADVISORS
a
division of Calkain Companies
W A S H I N G T O N
D C | F L O R I D A | M A R Y L A N D | D E
L A W A R E | B O S T O N
The
information herein is provided to us by sources deemed reliable, but no
warranty or representation is made to its accuracy. Offering is subject to
corrections and errors, omissions, prior sale, change of price and/or terms or
withdrawal from the market without notice. This information is for guidance
only and does not constitute all or any part of a contract.
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