Cushman & Wakefield is pleased to present for sale Short Pump Station, a core Trader Joe’s anchored shopping center ideally located in the heart of Richmond’s most dominant submarket – Short Pump. In addition to Trader Joe’s, the center is anchored by Virginia’s #2 ranked Ulta and #4 ranked Petco. Totaling 91,396 SF and 97% leased, the center attracts 2.3 million annual visits and offers retailers the best combination of visibility and access of any shopping center in the market.
- Trophy Trader Joe’s Asset in an Affluent, High Growth Market
- Highly Productive Shopping Center Offering Durable Cash Flow
- Dominant Submarket with Strong Fundamentals and an Amplified Trade Area
- Exceptional Demographics Fuel Leasing & Rent Growth
- Thriving East Coast Market with Vibrant Regional Economy
- Extremely Favorable Assumable Financing Delivers Compelling Yields - 2.76% INTEREST RATE