Property History
Property Type
Property Type
Marketing Description
Marcus & Millichap, on behalf of ownership, is pleased to exclusively
offer the 19,556-square-foot condominium interest in the Shops at West
Broad Village. The property is 100% occupied, and consists of a first floor grouping of storefronts beneath a high performing 135-key ALOFT hotel,
and adjacent to a high-end, 4000 member ACAC fitness club in Glen Allen, Virginia (the “Offering”). This Offering presents an investor the opportunity
to acquire a low management, fully stabilized asset in one of Richmond’s most desired retail submarket, Short Pump, with the added benefit of being
shadow anchored by Whole Foods and REI. The Offering features a quality tenant mix of internet-resistant uses lead by two successful and well-known
restaurants brands, Burger Bach, and Keegan’s, which make up 62 percent of overall revenues.
Investment Highlights
- Fully occupied street level retail in institutionally owned West Broad Village, a 400,000 SF mixed-use project anchored by Whole Foods, REI and others
- Leases feature annual increases Premiere Short Pump location in Capital City with exceptional demographics
- Exceptional demographics; $126,015 AHHI and 85,877 people within three miles
Loan History
Financial History
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Net Operating Income
Reporting Date
Tax History
Contact Information
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Ownership Information
Property Details
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Contacts
Map
Comparable Properties
Rental Market Overview
This rental data is based on the nearest market to this property: Blackstone, VA.
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Blackstone, VA (nearest market)
Colonial Beach, VA
Culpeper, VA

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