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Shell Fuel at 13200 Kingston Ave 13200 Kingston Ave

2,850 SF 100% Leased Retail Building Chester, VA 23836 $4,277,333 ($1,501/SF) 6.75% Cap Rate

Retail Buildings Virginia Chester 13200 Kingston Ave, Chester, VA 23836

Investment Highlights

  • NNN Lease (land and improvements)
  • Long standing and strong performing location
  • 10% rental escalations every 5 years through base term and option periods (3x5 year options)
  • 11+ years remain on the primary lease term
  • Recently rebranded with Shell
  • 6 gasoline dispensers, 1 diesel car dispenser, and 4 high speed fueling positions

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,850 SF
Building Class
B
Year Built
1998
Price
$4,277,333
Price Per SF
$1,501
Cap Rate
6.75%
NOI
$288,720
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
3.30 AC
Zoning
C-3
Parking
25 Spaces (8.77 Spaces per 1,000 SF Leased)
Frontage
391 FT on Hundred Rd

Amenities

  • Pylon Sign
  • Signalized Intersection
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Nearby Major Retailers

Waffle House
Food Lion

PROPERTY TAXES

Parcel Number 818-65-19-34-400-000 Improvements Assessment $1,735,200
Land Assessment $1,109,500 Total Assessment $2,844,700

PROPERTY TAXES

Parcel Number
818-65-19-34-400-000
Land Assessment
$1,109,500
Improvements Assessment
$1,735,200
Total Assessment
$2,844,700
(704) 904-5546

Contacts

  • Listing ID: 33800752

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 13200 Kingston Ave, Chester, VA 23836

More public record information on 13200 Kingston Ave, Chester, VA 23836

The Retail Property at 13200 Kingston Ave, Chester, VA 23836 is currently available for sale. Contact MPV Properties for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Shell Fuel at 13200 Kingston Ave | 13200 Kingston Ave
(704) 904-5546 x

Shell Fuel at 13200 Kingston Ave | 13200 Kingston Ave

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Mark Newell

(704) 904-5546

(704) 904-5546

Josh Suggs

(704) 248-2140

(704) 248-2140

Ferris Edwards

(704) 367-5022

(704) 367-5022

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