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11301 W Broad StGlen Allen, VA 23060
Short Pump Station
Asset ClassRetail
% Leased97%
# Tenants: 22Square Feet: 91,396Access Data Room
Dominant Trader Joe’s Center | 2.76% Assumable Loan | Richmond, VA
overview of deal

Overview

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.

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Investment Highlights

- 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

11301 W Broad StGlen Allen, VA 23060

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Listing provided by Revere CRE