11021 Iron Bridge Rd
Chester, VA 23831
Wawa - Chester, VA (Richmond MSA) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The Property is situated at the fully signalized corner of Route 10 (25,000 VPD) and Currins Road
- The rare, Fee Simple NNN lease structure enables the owner of this Property to exercise depreciation methods with respect to the Leased Premises
- Chester, VA is experiencing tremendous growth - the population, within a 3-mile radius of the Property, has grown more than 25% since 2000
- Wawa recently signed a lease extension to 20 years with 7% rental increases every 5 years beginning years beginning in Year 11
- The Property is surrounded by two popular shopping destinations in River Forest Shopping Center and Chesterfield Meadows Shopping Center
- Wawa was recently ranked as the #2 convenience store in the United States (Food & Wine)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,048 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.87 AC
Zoning
C-3 - Central Commercial District
PROPERTY TAXES
| Parcel Number | 774-65-72-27-200-000 | Improvements Assessment | $1,859,200 |
| Land Assessment | $1,028,800 | Total Assessment | $2,888,000 |
