Fully Leased Multi-Tenant Retail Investment

Overview

Highlights

• Building features pylon signage for maximum exposure along Richneck Road
• Co-tenancy includes a variety of service/destination retail uses such as: Restaurant, Barber Shop and Specialty Grocery
• Located near the busy intersection of Jefferson Avenue and Richneck Road producing 31,000 VPD (Vehicles Per Day)
• 0.3 miles from Food Lion anchored Richneck Shopping Center
• Positioned in a dense suburban and retail submarket

Description

203 Richneck Road is a well-positioned neighborhood strip center, offering 3,500 square feet of retail space. The property is anchored by a long-term tenants, featuring a barbershop (since 2003), a fully renovated Mexican restaurant and a newly established Latin Grocery Store. This presents a unique investment opportunity with minimal landlord responsibilities. The property is conveniently located right off of Jefferson Avenue, providing easy access to Interstate 64. 203 Richneck Road continues to serve as a vital part of the local community.

Location

Approx. 0.24 acres of land containing an approx. 3,500 SF strip center located at 203 Richneck Road, Newport News, VA 23608

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